So great helps us in various problems. Thanks a lot
@markvassallo5098
4 жыл бұрын
I’ve watched your videos on how to calculate margin not markup. Yet you’re calling it markup. Eg. 25% markup is the same as 20% margin. Markup is always higher than margin. Therefore if you take the cost price you calculated of $44.20 and mark it up by the markup showing it would be $59.67. So you would be wrong. The correct calculation is $68 /1.35=$50.37. That’s why it’s called markup not markdown.
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