Australia I need help with your skills

Joined
Sep 9, 2020
Messages
3
Reaction score
0
Country
Australia
Hi I need your help. I have this simple accounting problem but I got stuck.

This is the problem:

I need to set a value base price for a product to be sold an an online business,
Then Paypal will tax me 3.9% for each sale
At the end after paypal deducted me the 3.9% I have to end up with $140 dollars.

The 3.9% is a constant
The $140 is a constant, it is my final goal

I believe that the equation is

x - 3.9% = 140

but I may be wrong.

Can you help me please because I got stuck and I can’t figure out what should be my initial price.
Thank you
 

Fidget

VIP Member
Joined
Jan 6, 2013
Messages
754
Reaction score
139
Country
United Kingdom
140/(100-3.9)*100 gives you £145.68. 3.9% of that is £5.68, leaving you with the £140 that you need.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,624
Messages
27,567
Members
21,401
Latest member
mortgageleads

Latest Threads

Top