- This topic has 1 reply, 2 voices, and was last updated 6 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Dear sir,
The wording is kinda tricky when the sentence includes “mark-up”
Is it any difference between “20% mark-up on all sales” and ” 20% mark-up of sales price”No question will ever say “20% mark-up on sales” nor will a question ever say “20% mark-up on sales price”
Mark-up is always expressed as a percentage increase based on cost price
Margin is a percentage that is based on the sales price or revenue (where you’re working on total figures)
OK?
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘Mark-up problems’ is closed to new replies.