4 ms·
If you spend $100 making a phone and sell it for $200, you have a margin of 100%. If you sell it for $800, you have a margin of 700%.
by Qwertious 2y ago
If you spend $100 making a phone and sell it for $200, you have a margin of 100%. If you sell it for $800, you have a margin of 700%.
- fragmede 2y agothat's markup, not margin. At $200, the margin is 50% → (200 - 100) / 200 = 0.5.
- deleted 2y ago[deleted]