Hi Folks

I am on level 3 at the moment & having difficulty working out gross profit mark up & margin figures. I basically know the formulas but very often there are other bits of information that you need to work out before working out the margin or mark up figures.

Could someone be kind enough to explain to me how these figures are worked out if only a limited amount of information is given.

Thanks in advance for your response.

I am on level 3 at the moment & having difficulty working out gross profit mark up & margin figures. I basically know the formulas but very often there are other bits of information that you need to work out before working out the margin or mark up figures.

Could someone be kind enough to explain to me how these figures are worked out if only a limited amount of information is given.

Thanks in advance for your response.

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