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[quote=justincornish]Like margins, markups additionally use revenue and COGS. Yet, a markup shows the amount more your selling cost is than the sum the thing sets you back. To ascertain markup, begin with your gross profit (Revenue - COGS). Then, find the percentage of the COGS that is gross profit by partitioning your gross profit by COGS — not revenue. The markup equation estimates the amount more you sell your things for than the sum you pay for them. The higher the markup, the more revenue you keep when you make a deal. [url=https://margincalculator.org/]Margin Calculator[/url][/quote]
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