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Business Studies(9707) Post your doubts here

SalmanPakRocks

SalmanPakRocks

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acas shaikh said:
can anyone help me wid business finance chps.......n prices like "markup".....not able 2 understand......:'(
Click to expand...
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%
 
acas shaikh

acas shaikh

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SalmanPakRocks said:
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%
Click to expand...
Jazkallahuhair brother.......i dint expect a moderator 2 answer my doubt.......thanx 4 ur presious time...thanx alott!!........:)
 
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