• We need your support!

    We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
    Click here to Donate Now (View Announcement)

Business Studies(9707) Post your doubts here

Messages
8,392
Reaction score
9,461
Points
573
can anyone help me wid business finance chps.......n prices like "markup".....not able 2 understand......:'(
Mark up is the percentage you apply on cost, Margin is the percentage you apply on sales.
This gives you the gross profit.
Mark-up is always greater than margin;
Formula for conversion are:
Mark-up to Margin (e.g: mark up = 25% )
25/100 + 25 * 100 = 20%

For Margin to Mark up (assuming margin = 20%)
20/100-20 * 100 = 25%
 
Messages
724
Reaction score
1,546
Points
153
Mark up is the percentage you apply on cost, Margin is the percentage you apply on sales.
This gives you the gross profit.
Mark-up is always greater than margin;
Formula for conversion are:
Mark-up to Margin (e.g: mark up = 25% )
25/100 + 25 * 100 = 20%

For Margin to Mark up (assuming margin = 20%)
20/100-20 * 100 = 25%
Jazkallahuhair brother.......i dint expect a moderator 2 answer my doubt.......thanx 4 ur presious time...thanx alott!!........:)
 
Top