Enter the candle cost ($) and the desired margin (%) into the Calculator. The calculator will evaluate the Candle Pricing.
Candle Pricing Formula
CP = CC + CC *DM/100
Variables:
- CP is the Candle Pricing ($)
- CC is the candle cost ($)
- DM is the desired margin (%)
To calculate Candle Pricing, multiply the desired margin by the candle cost, then add the candle cost to the result.
How to Calculate Candle Pricing?
The following steps outline how to calculate the Candle Pricing.
- First, determine the candle cost ($).
- Next, determine the desired margin (%).
- Next, gather the formula from above = CP = CC + CC *DM/100.
- Finally, calculate the Candle Pricing.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
candle cost ($) = 5
desired margin (%) = 25
