Margin markup

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March 9, 2019 at 10:57 am #508771
iza1
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Is it right to say that markup and margin are two different ways of expressing profit
March 9, 2019 at 3:20 pm #508816
John Moffat
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Neither actually express the profit – the profit is expressed in $’s.

However mark-up if the profit expressed as a % of the cost, whereas margin is the profit expressed as a % of the selling price.
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