T-Shirt Pricing Calculator

Formula

To calculate the T-Shirt Pricing (TSP):

\[ TSP = TC + \left( TC \times \frac{PM}{100} \right) \]

Where:

$TSP$ is the T-Shirt Pricing ($)
$TC$ is the Total Cost to Produce T-Shirt ($)
$PM$ is the Desired Profit Margin (%)

What is T-Shirt Pricing?

The T-Shirt Pricing (TSP) is the final selling price of a t-shirt, calculated by adding the desired profit margin to the total cost of producing the t-shirt. This pricing strategy ensures that the cost of production is covered, and a profit is made on each t-shirt sold.

Example Calculation

Let's assume the following values:

Total Cost to Produce T-Shirt ($TC$) = $10
Desired Profit Margin ($PM$) = 20%

Using the formula:

\[ TSP = 10 + \left( 10 \times \frac{20}{100} \right) = 10 + 2 = 12 \text{ dollars} \]

The T-Shirt Pricing is $12.