Say a product value is 100 and I need to pay comission of 27% for every sale. Which means 27 so i get 73 in hand. Now in case if i don't want to loose margin and want full 100 in hand then what will be the formula to calculate the price for which calculating the 27% will give me 100 in hand . I'm not sure whether i made my quey clearly understandable. Hope you got my query...Help me out pls.
To be more clear : Say , 100 is X and we have percentage as 27. Now i need a formula which will give the result Z . Calculating 27% of Z should give me 100 (X) in hand after Comission deduction. So that I have no loss .
$$\mathrm{margin}=1-\frac{1}{1 +\mathrm{markup}}$$
Or $$1-\mathrm{margin}=\frac{1}{1+\mathrm{markup}}$$
Which is :$$\frac{1}{1-\mathrm{margin}}-1=\mathrm{markup}$$
Plugging in $\mathrm{margin}=0.27$ we get: $$\frac{1}{0.73}-1=\frac{27}{73}$$