21 Aug 2020 Gross Profit, Costing and Price CALCULATOR
|Cost per item|
|Margin required (%)|
|Price (ex VAT)|
|Price (inc VAT)|
Simply enter how much the product originally cost you as well as the Gross Profit margin you’d like to achieve, then type in the VAT amount you need to charge and hit Calculate.
Voila! The price you need to sell your item at (including and excluding VAT) will show up in the two boxes below. Happy selling.
You can also use it the other way round by entering the item’s sale price and pressing Calculate. The box above will show you what you should be paying for that item.