Mark up on cost

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT member discussion
Can you express this in anything other than percentage terms? I heard someone speak of their mark up as 2.6 - I've not come across this before.

Thank you

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Mark up on cost

    Sounds to me like you're referring to a ratio 1:2.6 i.e they buy good for £10 and sell for £26.

    Regards

    Dean

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