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Raghav Agrawal (impactology@mastodon.social)'s status on Friday, 10-Jan-2025 02:49:39 JST Raghav Agrawal

Folks on the TL (just confirming how common it is to know this in these circles)
Do you understand proportional reasoning behind profit, margin, cost price, selling price calculations?
Can you determine how to adjust prices for buying or selling during negotiating discounts without losing margins
In conversation about 9 days ago from mastodon.social permalink
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1. A mathematical explanation of pricing based on target profit margins. The image shows how to calculate selling price (SP) from cost price (CP) and desired margin percentage. It includes a formula: SP = CP / (1 - Margin Target (%)), with an explanation that for a 20% margin, 80% of the selling price covers the cost. The image includes a worked example where CP = $80 and Margin Target = 20%, showing the calculation: SP = 80 / (1 - 0.2) = 80 / 0.8 = 100.
  https://files.mastodon.social/media_attachments/files/113/799/555/699/548/363/original/488d7f95351cdcbc.png
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  clarity flowers (clarity@xoxo.zone)'s status on Friday, 10-Jan-2025 02:49:39 JST clarity flowers
  in reply to
  
  @impactology yes. And kind of relatedly, I haven't ever shut up about that article on Heterodox Economics you shared a while back.
  
  In conversation about 9 days ago permalink

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