How to calculate the gross profit and selling price of drinks with formulas?

1.

Price-cost = gross profit;

2.

Gross profit margin = gross profit/selling price;

3.

Price = cost /( 1- gross profit margin)

4.

For example:

1.

For example, the purchase price is 20.

The gross profit margin should be 20%.

How much should it cost?

Price: 20 ~ 1-20% ~ = 20 ~ 80% = 25.

2.

For example, the cost of a banquet 1500 yuan requires a gross profit of 69%. How much is this banquet?

Gross profit margin =0.69

Cost rate = 1-0.69=0.3 1

Price =1500/0.31= 4838.4438+0.