How to Find Difference Between Markup Vs Profit Margin - Easy Trick

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How to Find Difference Between Markup Vs Margin Easy Trick
In this video i am showing you how to calculate the difference between markup and profit margin. Both markup and profit margins are really important in retail , finance as well as for students as well. when the cost price and selling price are given , it is very easy to find the gross profit and later we will apply the markup formula and profit margin formula.
Gross Profit=price-cost
markup=profit/cost
Profit margin=profit/price
#markup#margin#profit
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