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Markup and Margin Table Form

Markup and Margin Table Form

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Instructions and help about margin vs markup table

hello guys i hope you are doing really really well today i am going to show you how to find out the difference between markup and profit margin so guys let's say you have a product and the cost of that product is 600 okay and the price of that product is 800 so this is the selling price okay now in the first step we will find out the profit okay so the formula to find out the profit is really simple its price minus cost okay so now we'll put the values okay the price is 800 minus cost is 600 okay guys the answer will be 200 okay so guys this is our gross profit so the profit i mentioned over here is gross profit okay now simply what we will do we will put the formula for markup so the formula for finding out the markup is profit divided with cost so guys we already find the uh profits or profit here is 200 so we put the value over here 200 and our cost is here which is 600. so our answer 200 divided with 600 the answer will be point three three three okay and now to mak

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