Desired GP Calculator
Desired GP Calculator Explained:
What is this?
This calculator tells you the selling price, Mark Up%, Margin $ using just the desired GP%
What does this tell me?
The selling price when just the desired GP%.
Why should I use it?
To determine what your selling price will be, simply by using the desired GP%. You might seek to change the GP% and therefore the selling price, but it will quickly determine whether or not the desired GP% is realistic given the competitive situation your business is in.
Caution
Be careful not to confuse Mark Up% and GP%. Both are referred to as margin. Be sure you know what calculation is being referred to. Margin calculations always exclude GST/VAT. This calculator doesn't tell you to increase or decrease GP%'s, it simply tells you what they are. Any decisions you make are at your own risk.