About this document
Margin vs. Markup Explained by Ffrekgtreh Fygkohk is a document available to read on EtoBox.
The document discusses the difference between margin and markup. Margin is sales minus the cost of goods sold, while markup is the amount the cost is increased to derive the selling price. Confusing these terms can lead to prices being set too high or low. To arrive at a desired margin percentage, the markup percentage must be higher since it is based on the lower cost rather than the higher revenue. The document provides examples of calculating markup percentages needed to achieve different margin percenta
- Author
- Ffrekgtreh Fygkohk
- Language
- EN