How to Find Difference Between Markup Vs Profit Margin - Easy Trick

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How to Find Difference Between Markup Vs Margin Easy Trick
In this video i am showing you how to calculate the difference between markup and profit margin. Both markup and profit margins are really important in retail , finance as well as for students as well. when the cost price and selling price are given , it is very easy to find the gross profit and later we will apply the markup formula and profit margin formula.
Gross Profit=price-cost
markup=profit/cost
Profit margin=profit/price
#markup#margin#profit
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[hamnahoor]

finally found some simple video to understand, mostly are making things lengthy and hard to understand.

[ryaeon]

SIMPLE VIDEO.
indian people really give new knowledge to me! thankyou so much!

[manna_sahib]

Ek dum asan tarike se samjhaya apne jbki meri English week hai fir bhi main alhamdulillah samajh gaya tnx

[clivemarshall]

Awesome explanation, simple and concise, well done 👍🏾
Can you recommend a finance course, that teaches these concepts?
Tks

[capenterjojo]

no bulshit. straight up the work. thank u very muh

[nikhilnaik]

really informative. Can you tell when Markup is considered in sales and when margin?

[almskoon]

How I can use them for the business analysis, what's the difference? I used to think that profit margin calculation is the way you did the Markup calculation.

[oswaldealedona]

What is the best markup rate and profit margin for a fuel refilling business?

[fayaz]

What is the difference between Mark up and Profit??

[sameeratoom]

Thanks, but when we use the mark up and when we can use the margin

[suzyonakazwe]

How to find sales, when cost of sales is 65% and profit is 4000

[elrucdr]

Please there is a difference between markup price and markup % so please explain yourself well next time