Reviewed By: Scott Hickam (MBA, Finance)
Enter the total cost to produce the t-shirt ($) and the desired profit margin (%) into the T-Shirt Pricing Calculator. The calculator will evaluate the T-Shirt Pricing.
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T-Shirt Pricing Formula
The following two example problems outline the steps and information needed to calculate the T-Shirt Pricing.
TSP = TC + TC * PM/100
Variables:
- TSP is the T-Shirt Pricing ($)
- TC is the total cost to produce t-shirt ($)
- PM is the desired profit margin (%)
To calculate T-Shirt Pricing, multiply the total cost by the desired profit margin, then add the result to the total cost.
How to Calculate T-Shirt Pricing?
The following steps outline how to calculate the T-Shirt Pricing.
- First, determine the total cost to produce t-shirt ($).
- Next, determine the desired profit margin (%).
- Next, gather the formula from above = TSP = TC + TC * PM.
- Finally, calculate the T-Shirt 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.
total cost to produce t-shirt ($) = 5
desired profit margin (%) = 20
TSP = TC + TC * PM = ?
