Selling Cost Calculator

Formula

To calculate the Selling Cost ($SC$):

\[ SC = TC + PM \]

Where:

$SC$ is the Selling Cost ($)
$TC$ is the Total Cost ($)
$PM$ is the Profit Margin ($)

What is Selling Cost?

Selling cost is the total amount required to sell a product, including both the total cost of the product and the desired profit margin. It helps businesses determine the appropriate price to charge for their products to achieve their financial goals.

Example Calculation 1

Let's assume the following values:

Total Cost ($TC$) = $50
Profit Margin ($PM$) = $20

Using the formula:

\[ SC = 50 + 20 = 70 \]

The Selling Cost is $70.

Example Calculation 2

Let's assume the following values:

Total Cost ($TC$) = $100
Profit Margin ($PM$) = $30

Using the formula:

\[ SC = 100 + 30 = 130 \]

The Selling Cost is $130.