UNDERSTAND A ANSWERAika ng calculated el ua ngerang?
A markup ng measure a profit against cost, me a margin ng measure a profit against revenue. A percentage ng different a taem a dollar profit ng ta el.
Markup versus marginMarkup = profit ÷ cost · margin = profit ÷ selling price
A practical example
A item el cost $60 me ng mo sold er a $100 ng melai a $40: 66.7% el markup me a 40% el margin.