the formula for calculating buying price is?
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Step-by-step explanation:
identify the total cost of all units being bought. Divide the total cost by the number of units bought to obtain the cost price. Use the selling price formula to find out the final price i.e.: SP = CP + Profit Margin.
% Profit: Profit/Cost Price × 100
Cost price: Selling price – Profit
Loss: Cost Price – Selling Price
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