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What do you mean by more than 100% margin? If you sell something for 150$ and it cost you 30$ your gross margin is (150-30)/150=80%.
by abrezas 9y ago
What do you mean by more than 100% margin?
If you sell something for 150$ and it cost you 30$ your gross margin is (150-30)/150=80%.
- Infernal 9y agoI'm assuming the grandparent meant to say "mark-up" rather than margin. EDIT: And I just saw the comment below yours pointing out the same thing.