Get Ready Reckoner Template

The Ready Reckoner Template is an essential tool for calculating gross profit, including VAT at 20% in the selling price. This guide will walk you through the necessary steps to complete this template online with ease.

Follow the steps to accurately fill out the Ready Reckoner Template.

1. Click the ‘Get Form’ button to access the Ready Reckoner Template and open it in your chosen online editor.
2. Begin by locating the 'Cost Price' section. Here, you will input the base cost of the item you are pricing. Use the aligned values on the left to find the corresponding gross profit prices.
3. Next, identify the percentage of gross profit you wish to achieve. You will see a grid corresponding to various profit margins from 50% to 100%. Find your selected cost in the left column and follow the row to see the selling prices reflected with their respective profit percentages.
4. It is important to ensure that you input your cost price correctly to avoid errors later. Check that the figure you entered matches the intended cost for accuracy in your calculations.
5. After you've filled in the necessary cost price, verify the corresponding selling prices provided on the grid, which automatically update based on the profit percentage you've selected.
6. Once you are satisfied with your entries, you can save your changes. Options to download, print or share the Ready Reckoner Template will typically be available in the online editor.

Complete your documents online with ease and accuracy today!