Have you ever wondered how much money you will earn selling items? Have you ever wondered how much profit a shop makes in a month?
The calculator below will help you project your target income based on the following:
1) Transaction Count (@1 PC per Transaction)
2) Selling Price
3) Mark Up (percentage)
4) Business Days (count)
Please take note that this calculator is ideal if you are planning to buy and sell items. It does not include costs or expenses like transportation, communication, etc.
The formula I used to derive the profit is:
Transaction Count x (Selling Price x Mark Up) x Business Days
Try this:
1) Transaction Count = 200
2) Selling Price = 500
3) Mark Up (percentage) = 40
4) Business Days (count) = 30
The rule of thumb here is that you need to have a good sales volume (or number of transactions) if your profit is low.
If you are targeting a profit of PHP50,000 you must sell atleast 100 pcs of an item worth PHP100 for atleast 20 days with 25% markup.

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