How to Find Difference Between Markup Vs Profit Margin

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

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3 жыл бұрын

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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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Пікірлер: 47

@ryaeon9793 2 жыл бұрын

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

@hamnahoor4357 2 жыл бұрын

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

@nidaassociates7441 Жыл бұрын

same feel

@suzie.3501 Жыл бұрын

Brilliant information, many thanks 👍

@hypowell 11 ай бұрын

Very helpful! Thank you :)

@manna_sahib 5 ай бұрын

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

@Its.Rijakhan Жыл бұрын

Impressive and precise

@violettau2789 Жыл бұрын

Useful,thanks

@sadiqmohammed1738 21 күн бұрын

Helpful video. Thank you

@Hlulizinyanga Жыл бұрын

Perfect explanation for me

@clivemarshall6135 Ай бұрын

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

@zewefred1744 2 жыл бұрын

Nicely explained!

@medilax91 2 ай бұрын

Very clear explanation .

@livingunique2759 10 ай бұрын

great video sir thanks much

@evenoseua Жыл бұрын

Thank you!

@rosariocoutinho8690 2 жыл бұрын

Very good explanation Thanks

@rammyabandara7666 3 ай бұрын

thanks a lot.

@yoghi5290 Жыл бұрын

Thank u buddy

@uk5587 Жыл бұрын

Very good sir

@lathapersonal2829 Жыл бұрын

Useful

@capenterjojo3373 8 ай бұрын

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

@ukemeedem255 Жыл бұрын

Wonderful

@butubuta 4 ай бұрын

Thank you

@localsfrmhighflyer 2 ай бұрын

So which one is best for the business

@manna_sahib 5 ай бұрын

Good

@johnndungu2861 11 ай бұрын

beautiful

@christopherhorlock1189 2 жыл бұрын

thanks

@ramchandraasolkar5022 7 ай бұрын

Which step is better in calculation

@nikhilnaik9559 Жыл бұрын

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

@Amanda-ru3jy 11 ай бұрын

Markup is considered in cost and profit is considered in revenue

@travis4085 2 жыл бұрын

shout out ❤🙏🙏

@nidhisurti880 4 ай бұрын

Saviour!

@udennyn 2 жыл бұрын

👍

@almskoon 2 жыл бұрын

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.

@izenwillie Жыл бұрын

What about the expenses?

@oswaldealedona1058 Жыл бұрын

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

@pspmhmd Жыл бұрын

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

@AlexJohnsons780 5 ай бұрын

How to calculate loss margin

@fayaz6878 Жыл бұрын

What is the difference between Mark up and Profit??

@sameeratoom2142 Жыл бұрын

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

@suzyonakazwe803 2 жыл бұрын

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

@safarudheenpa2751 Жыл бұрын

What is mark up??

@topherlambert 3 ай бұрын

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.

@user-el8ru9cd5r 4 ай бұрын

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

@amitgupta6581 Жыл бұрын

Your sonud is very low .

@ngwepelefty7637 Жыл бұрын

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.