February 18th, 2009, 11:20 AM  #1 
Newbie Joined: Feb 2009 Posts: 2 Thanks: 0  need formula
i am a ticket broker and i need a formula to figure out what price i would have to sell my tickets at to make 30% profit. example i buy tickets for $130 stubhub charges 15% when the tickets are sold. what formula could i use to find out what price to sell these tickets so that after the 15% is taken off the sale i would have made 30% profit? thanks justin 
February 18th, 2009, 11:42 AM  #2 
Global Moderator Joined: Dec 2006 Posts: 19,708 Thanks: 1805 
Your explanation wasn't completely clear to me. If you increase $130 by 30%, you get $169. How is the 15% cut to a third party relevant? (If you want a price which becomes $169 after deducting 15%, just divide $169 by 0.85 to get $198.82 (approximately).)

February 18th, 2009, 12:15 PM  #3 
Newbie Joined: Feb 2009 Posts: 2 Thanks: 0  Re: need formula
thanks thats what i was looking for


Tags 
formula 
Search tags for this page 
Click on a term to search for related topics.

Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Formula Help  NuNu_dagobah  Computer Science  4  January 8th, 2013 07:31 AM 
My new formula for pi(x)  nsrmsm  Number Theory  7  October 15th, 2012 05:36 AM 
why we use this formula  rsoy  Physics  3  December 23rd, 2010 08:54 PM 
Formula to always get 28  djx18  Algebra  1  September 20th, 2009 05:25 PM 
De Moivre's formula and Newton's binomial formula  agro  Probability and Statistics  3  August 27th, 2009 06:17 AM 