Mark-ups and margins
ID:CVMUMR
Video Overview
This is an extremely important concept where we look at how to calculate mark-ups as the amount by which the selling price of a product is greater than the cost price. We also look at the ways to then express the mark-up as a percentage of the cost price or as a precentage of the selling price. We also look at the margin and what the difference is between a mark-up and a margin.
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