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Candle Pricing Calculator

Formula

The formula to calculate the Candle Pricing (CP) is:

$CP = CC + \left( CC \times \frac{DM}{100} \right)$

Where:

Candle Pricing (CP): The total price of the candle.
Candle Cost (CC): The cost to produce the candle.
Desired Margin (DM): The desired profit margin as a percentage of the candle cost.

Let's say the candle cost (CC) is $10 and the desired margin (DM) is 50%. Using the formula:

$CP = 10 + \left( 10 \times \frac{50}{100} \right)$

We get:

$CP = 15 \, \text{\$}$

So, the candle pricing is $15.