
MARKUP AND MARGIN
Markup and Profit Margin are both ways of calculating percent profit
- Profit margin is percent profit vs. selling price.
- Markup is percent profit vs. cost.
- Cost is the cost
“ Sell is the selling price.
- GP is the gross profit.
- Mkup is the percent profit based on cost.
- Mrgn is the percent profit based on selling price.
To find
Knowing
Operation
Mrgn Sell, Cost
Cost
B
Sell [±]
Mkup Sell, Cost
Sell
[S
Cost 0
Sell
Cost, Mrgn
Cost
E)
Mrgn |MU1
Cost Sell, Mrgn
Sell
E
Mrgn iMUl
Sell
Cost, Mkup Cost
E
Mkup [M]
Cost
Sell, Mkup
Sell
0
Mkup I+/-I |MU|
Ex.
Cost Sell GP
Mkup
Mrgn
$200 $250
$50
25% 20%
PERCENT CHANGE
• Calculate the dollar difference (a) and the percent change (b) between two yearly
sales figures $1,500 in one year and $1,300 in the previous year.
17
Komentáře k této Příručce