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Pricing


Margin

Margin is the percentage of the final selling price that is Gross Profit. Margin is is calculated against Sales Price. It’s the difference which exists between net sales and the cost of merchandise sold and from which expenses are usually met or profit derived....

Markup

A markup is what percentage of the cost price do you add on to get the selling price. Markup is the difference between the cost of a good or service and its selling price. A markup is added on to the total cost incurred by the producer of a good or service in order to...