Showing Posts For Ul Thor.7239:

Issues with the trading post: please post here [MERGED]

in Black Lion Trading Co

Posted by: Ul Thor.7239

Ul Thor.7239

I bought 10 items for 6s, listed them again to sell for 7s and paid listing fees 0.30s, when sold all i got was 6.30s this is really crazy

This also goes with the 10% tax. If you’re buying stuff just to sell it you need a markup of at least ~18% to turn a profit and that would be a profit of a mere .3% of what you originally paid. If you sell an item with a markup less than this you will actually lose money as I believe you did with your sale, the listing fee should have been .35s not .3s. So assuming you were charged the correct listing fee you lost 5 copper. Not that that would hurt but if you’re dealing with high value items or huge quantities you could lose a lot of money quickly.

(edited by Ul Thor.7239)

Issues with the trading post: please post here [MERGED]

in Black Lion Trading Co

Posted by: Ul Thor.7239

Ul Thor.7239

Well, this should pretty much sum it up
http://i.imgur.com/3MYgk.png

This is exactly the problem I am having!

I believe its working as intended but I’m not entirely certain, from what I’ve read there is a 10% tax on everything you sell in addition to the listing fee. I read this on the wiki but the math has always worked out for me, the real question is whether they did a poor job explaining that there is supposed to be a tax(I still haven’t seen anything in game about it) or if its actually a bug. Anyways here’s the math showing what I’m talking about.

140*2.39=334.6 This gives a gross profit of 3 gold, 34 silver, and 60 copper BEFORE TAX is taken out.

The seller must pay a 10% tax on top of the 5% initial posting fee, this leads to 334.6*.9=301.14 which means that your proceeds from the sale are 3 gold, 1 silver, and 14 copper. This is roughly what he received and the 4 copper difference can be attributed to rounding from the individual sales.

Personally I hope that the tax is intended and they simply make it obvious that its there. It should serve to slow inflation in the game which is a good thing in my opinion.