How to calculate sales price per unit?
Understand the Problem
The question is asking for a method or formula to determine the sales price for each unit of a product. This typically involves understanding total costs and desired profit margin.
Answer
Divide total sales by the number of units sold.
Divide total sales by the number of units sold.
Answer for screen readers
Divide total sales by the number of units sold.
More Information
The selling price per unit formula helps in understanding the price at which a single unit of product is sold, by dividing the total revenue by the total units sold.
Tips
Be careful not to confuse total sales with profit or revenue; total sales is simply the sum of sales from all units sold.
Sources
- The web page with info on - Selling Price Formula - vedantu.com
- How To Find the Selling Price per Unit (With Examples) - Priceva - priceva.com
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