olimiemma / profit-margins-calculator

Adds 35% markup to costs, Adds 18% VAT, and gives you what you should quote. Sidenote: I actually created this to solve a problem I run into frequently in my business and work, hope it helps you as well

Profit-Margins-Calculator

Profit Margins Calculator

This Python program calculates profit margins and VAT charges for a given item. It takes the cost of the item as input and calculates the markup and VAT charges based on the given percentages. The final output is the total price that the item should be quoted for.

Usage

To use the program, simply run it in a terminal or command prompt and enter the cost of the item as input. The program will then calculate the markup, VAT charges, and total price. python profit_margins_calculator.py

There's also an HTML files you can open in your browser for easier access. Different versions look different, but the function is the same.

Enter the cost of the item: 100

Markup: 35.00% VAT charges: 18.00% Total price: 151.23 Example

The following example shows how to use the program to calculate profit margins and VAT charges for a given item:

Python import profit_margins_calculator

Get the cost of the item from the user.

cost = float(input("Enter the cost of the item: "))

Calculate the markup, VAT charges, and total price.

markup = profit_margins_calculator.calculate_markup(cost, 0.35) vat_charges = profit_margins_calculator.calculate_vat_charges(cost, markup, 0.18) total_price = profit_margins_calculator.calculate_total_price(cost, markup, vat_charges)

Print the results.

print("Markup:", markup, "%") print("VAT charges:", vat_charges, "%") print("Total price:", total_price) Use code with caution. Learn more Output:

Enter the cost of the item: 100

Markup: 35.00% VAT charges: 18.00% Total price: 151.23

The AI aspect.

Since I care more about the AI aspect, It's only fair I tell you about how I did this. Nothing complicated. I used Bard for the Python code-easy. LiterallyAnything for the HTML, there's a bard edition that edited and added some aspects to that HTML. There's also a GPT edition of the HTML, but I personally prefer the LiteralyAnything version