margin and mark ups

KVeevers
KVeevers Registered Posts: 67 ? ? ?
Hi everyone
Can someone help me?
I just would like to know,
Why calculating margin and mark up? I just don’t understand it?
And could someone tell me an easy way to remember the calculation.

Thank you

Katrin

Comments

  • mally
    mally Registered Posts: 14 Regular contributor ⭐ ? ⭐
    For margin:
    Cost of sales 60%
    Gross profit 40%
    Selling price 100%

    Mark-up:
    Cost of sales 100%
    Gross profit 40%
    Selling price 140%

    I hope that helps!
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