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Difference between revisions of "Product Pricing"

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(→‎Where can I access the Product Pricing feature in the Store Manager?)
(→‎How can I calculate the Pricing for a product?)
 
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==How can I calculate the Pricing for a product?==
 
  
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Formula for Calculating the Net Price is as below
 
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{| class="wikitable"
 
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|Discounted Price = MRP – (MRP * (Discount Rate/100))
 
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|Net Price = Discounted Price + (Discounted Price * Tax Rate/ 100) + Shipping Charges
 
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|}
 
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'''''For example:'''''
 
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In the below figure the MRP is Rs. 1000.00, Discount Rate is 10.00%, Tax Rate is 2.00% and Shipping Charges are Rs.30.00. So by calculating the Discounted Price and Net Price
 
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So by calculating the Discounted Price and Net Price
 
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{| class="wikitable"
 
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|-
 
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|Discount Price=1000.00 - (1000.00*(10.00/100)) =Rs.900.00
 
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|Net Price=900.00 + (900.00*(2.00/100) + 30.00=Rs.948.00
 
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|}
 
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                              [[File:Pricingex.png]]
 
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If you have more queries or would like assistance with this please contact us on [mailto:support@shopnix.in support@shopnix.in].
 

Latest revision as of 13:13, 8 July 2014