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How to calculate net sale price

Updated March 23, 2017

Net sale price is the amount of the sales price a seller will receive. The net sale price subtracts any related expenses from the gross sale price. People use net sale price in a variety of transactions, such as selling a house. There is the sales price of the house and then expenses such as estate agent fees, which are deducted from the sales price to determine the net sale price.

Determine how much the item was sold for to another person. For example, a person sells a bicycle at a friend's garage sale. In return for selling the bike, he tells his friend he will pay him 5 per cent of the selling price. The bicycle sells for £120.

Determine any expenses related to selling the item. In our example, the person promised a 5 per cent commission for selling the bicycle. Therefore, £120 times 5 per cent equals £6 in commission.

Subtract from the sales price any related expenses to determine the net sale price. In our example, £120 minus £6 equals a £114 net sale price.

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About the Author

Carter McBride started writing in 2007 with CMBA's IP section. He has written for Bureau of National Affairs, Inc and various websites. He received a CALI Award for The Actual Impact of MasterCard's Initial Public Offering in 2008. McBride is an attorney with a Juris Doctor from Case Western Reserve University and a Master of Science in accounting from the University of Connecticut.