Originally Posted by B1duster
Originally Posted by John Brown
143% increase in pricing is much more common in the autoparts business than the 200% increase is.

So, a part that cost a seller $10.00 would be marked up to $14.30, not $20.00.

Take this from a 30+ year parts guy / sales rep.


Wouldn’t a 143% increase in price on a $10 item be $24.30 ?


Yes.

100% of $10 is $10.
43% of $10 is $4.30.
So, 143% of $10 is $14.30.

The part cost $10
100% markup would add $10
43% markup would add $4.30
Final price would be $24.30.


Master, again and still