Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: giftedk on February 22, 2008, 07:59:37 am

Title: whats the formula ?
Post by: giftedk on February 22, 2008, 07:59:37 am

hi all ive seen  this post on here before but i cant find it.
I want to know how you work out twenty percent of the price, so you can add this on for profit .?
 
 ::) think thats right, it is early !

Title: Re: whats the formula ?
Post by: AuRavelling79 on February 22, 2008, 08:04:06 am

Divide by 5 and add it on.

So £8.00 divide by five is £1.60 so that becomes £9.60.

And then round up to the nearest pound so you aren't faffing with change - a Tenner! ;D

Title: Re: whats the formula ?
Post by: steve m on February 22, 2008, 08:56:35 am

or divide by 100, multiply by 20

Title: Re: whats the formula ?
Post by: Helen on February 22, 2008, 09:23:28 am

use calculator....
your price is £100 to work out 20% plus.
100 x 20 (hit)%(key) (hit)+(key) (hit) = (key)   answer 120
 :)

Title: Re: whats the formula ?
Post by: Dean Aspects on February 22, 2008, 09:31:50 am

Working out 10% is easy you just move the decimal point one place then just double it
I.E £15 =£1.50x2=£3.00
You can also work out 15/25/35% etc by just halving the 10% figure and adding it i do it all the time in my head it not that complicated if you do it regularly
Using this i can mentaly work out vat aswell  ;D

Dean

Title: Re: whats the formula ?
Post by: geoffreyspecht on February 22, 2008, 11:43:37 pm

if u want to make 20% profit,your mark up is 25%.example £8+25%=£10=20% profit margin

Title: Re: whats the formula ?
Post by: geefree on February 23, 2008, 12:03:01 am

so which one is the answer  :D

Title: Re: whats the formula ?
Post by: Davo on February 23, 2008, 04:25:54 am

Depends whether you want 20% on cost or 20% on return.




Mark