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Basic Assignments
 
Options & Settings
 
Main Time Information
Color Code: Yellow
Created By: Shannon Scoffield
Created Date/Time: 5/19/2014 1:34 pm
 
Action Status: Blank (new)
Show On The Web: Yes - (public)
 
Time Id: 2156
Template/Type: Other Documentation
Title/Caption: Brainstorming Profit & Discount Calculator
Start Date: 3/6/2010
Main Status: Active
click to enlarge - photo by: Shannon Scoffield -
click to enlarge - photo by: Shannon Scoffield -
click to enlarge - photo by: Shannon Scoffield -
click to enlarge - photo by: Shannon Scoffield -
click to enlarge - photo by: Shannon Scoffield -
click to enlarge - photo by: Shannon Scoffield -

Notes:
((Price – cost)/Price) = Profit Margin
Formulas:
- Fixed price: Basic number used as is
- Mark-up: a decimal based on 100% plus itself
- Mark-up: Cost times a mark-up. The mark-up need to be: (cost x (one + the mark-up)) or ((cost * mark-up) + cost)
- Profit: price – cost
- Profit% or profit margin: (((price-cost)/price)x100)
- Calculated mark-up = price divided by cost and then rounded
URL’s
- Cost
- Discount
- Mark-up
- Mode = basic
- Price Type
- Profit Margin
- Quantity
- Sale price
Profit/Discount Calculator: Known issue between fixed prices, mark-ups, & margins
- It would be really cool to help users learn the difference between the different pricing structures
- Show formulas and help them and education them at the same time
- Need cost on everything
(Diagramming and sample calculations– see scans in photo gallery 3/6/10)
(Playing with numbers for the profit calculator – see scans in photo gallery 3/6/10)