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Profit margin calculation

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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April 4, 2018 at 5:24 pm #445013
darlene82328
Member
- Topics: 3
- Replies: 6
Hi
I recently encountered a question with negative sales revenue and profit. The system calculated profit margin as positive, which I don’t think it is right. Could anyone sort this out for me please?
Sales revenue £-54,480.04
Cos £27,661.33
Loss £-82141.37
what is my gross profit margin?
Thank you.
April 4, 2018 at 7:46 pm #445030
John Moffat
Keymaster
- Topics: 57
- Replies: 54699
Where on earth did you find this question, because it is nonsense and irrelevant for Paper F3.
How on earth can the revenue be negative?!!!! You do not sell things at a negative price!
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