Nettet28. mai 2024 · Here are a few of the ways you might work out your selling price (these are all ways suggested by the members of the Sewing Chat Group for how they work out their selling prices): Materials cost x a multiple of your choice (2 or 3 times is common) Materials cost plus your hourly rate. A multiple of 1 or 2 above, less for wholesale, more … Nettet16. okt. 2024 · Subtract the costs to create the product from how much you are selling the product to know the gross profit of each sale. If you sell a product for $30 and it costs you $20 to make it, your profit will be $10. $10 / $20 = 0.50. To convert this to a percentage: 0.50 x 100 = 50%.
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