How to work out ebay profits?
Bought lb35
Selling lb50
Postage lb3
Ebay listing and other lblblb??
PayPal fee- lblblb??
where's the profit later??
Answers: Your example is not complete nor is it correct because the selling price should be the unknown you instead have the book fee and the PayPal duty as unknowns.
Cost of Goods Sold + Selling Expense + Shipping + Profit = Selling Price
The selling price is the unknown until you complete the other side of this simple equation.
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Selling lb50
Postage lb3
Ebay listing and other lblblb??
PayPal fee- lblblb??
where's the profit later??
Answers: Your example is not complete nor is it correct because the selling price should be the unknown you instead have the book fee and the PayPal duty as unknowns.
Cost of Goods Sold + Selling Expense + Shipping + Profit = Selling Price
The selling price is the unknown until you complete the other side of this simple equation.