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I think I don't get. I think that because I'm not getting expected results and documentation's example is confusing me.
New Price = Base price * ( 1 + X ) + Y
So, for example, if base price is cost price which is 10, X is a %50 margin I want and Y is 0 so:
New Price = 10 * ( 1 + 0.5 ) + 0
New Price = 10 * 1.5 + 0
New Price = 15
Is this correct, please?
The example in the above linked documentation is beyond my comprehension:
Also note that to fix a price of 60 for the 5 Berrel Keyboards, the formula Price = Base Price x (1 + 1.0) + 60 has been used.
So if Base Price is, like in the example, 100, then:
Price = 100 * ( 1 + 1.0 ) + 60
Price = 100 * 2 + 60
Price = 200 + 60 = 260
But they wanted it to be 60. So I don't get it...
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|Asked: 4/24/13, 7:53 AM|
|Seen: 2227 times|
|Last updated: 3/16/15, 8:10 AM|