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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[@hamnahoor4357]

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

[@nidaassociates7441]

same feel

[@mohmmettelgabanow9129]

VERY SIMPLE TO UNDERSTAND. THANK YOU

[@ryaeon9793]

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

[@localsfrmhighflyer]

So which one is best for the business

[@clivemarshall6135]

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

[@medilax91]

Very clear explanation .

[@hypowell]

Very helpful! Thank you :)

[@sadiqmohammed1738]

Helpful video. Thank you

[@suzie.3501]

Brilliant information, many thanks 👍

[@user-vk2ut6os4u]

How about converting markup to margin. And margint to markup ?

[@Its.Rijakhan]

Impressive and precise

[@capenterjojo3373]

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

[@zewefred1744]

Nicely explained!

[@nikhilnaik9559]

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

[@Amanda-ru3jy]

Markup is considered in cost and profit is considered in revenue

[@ramchandraasolkar5022]

Which step is better in calculation

[@Hlulizinyanga]

Perfect explanation for me

[@rammyabandara7666]

thanks a lot.

[@violettau2789]

Useful,thanks

[@evenoseua]

Thank you!

[@butubuta]

Thank you

[@livingunique2759]

great video sir thanks much

[@rosariocoutinho8690]

Very good explanation Thanks

[@uk5587]

Very good sir

[@yoghi5290]

Thank u buddy

[@oswaldealedona1058]

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

[@pspmhmd]

you have to search that in Google and do feasbility study as well because there are many variables

[@christopherhorlock1189]

thanks

[@ukemeedem255]

Wonderful

[@manna_sahib]

Good

[@johnndungu2861]

beautiful

[@lathapersonal2829]

Useful

[@travis4085]

shout out ❤🙏🙏

[@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.

[@nidhisurti880]

Saviour!

[@AlexJohnsons780]

How to calculate loss margin

[@sameeratoom2142]

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

[@izenwillie]

What about the expenses?

[@fayaz6878]

What is the difference between Mark up and Profit??

[@suzyonakazwe803]

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

[@safarudheenpa2751]

What is mark up??

[@topherlambert]

Your markup is your profit. It tells you how much money or percent you’ve made on that product from the time you bought that product to the time you’ve sold it.

[@udennyn]

👍

[@user-el8ru9cd5r]

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

[@amitgupta6581]

Your sonud is very low .

[@ngwepelefty7637]

A vendor imported goods, consisting of 250 units with an invoice value of R50 000. He paid the following amounts in order to get the goods to his location of sale: R Freight charges Insurance, while in transit Customs Carriage inwards 8 500 2 500 12 500 1 500 The goods are sold at a selling price of R400 per unit. During the accounting period 80% of the available units were sold QUESTION 1 Calculate the total cost of the goods purchased, and the cost price per unit. [6] QUESTION 2 Calculate the standard mark-up percentage on cost and on selling price. [2] QUESTION 3 Calculate the gross profit for the period.

[@suckdisnut3626]

gg