% pls clarify

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SRIDHAR. K (Querist)
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28 December 2009 Thank you sir,

also please let me know

cost price 0.070 and selling price .800

what is this
cp 0.070 - sp.800 =0.730 = 73% ??

any calculation is there like this, how to say this.

REg.
Sridhar K

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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28 December 2009 How you have calculated 73%. I think you have converted 0.73 to 73% which is incorrect. 0.73 is your product margin in figure not in %.

SRIDHAR. K

SRIDHAR. K (Querist)
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28 December 2009 Thank you sir, I got confused about Gross Profit margin and Markup value %

Now i got it....

Thanks.
Sridhar K

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CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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28 December 2009 I forgot it what you asked for the first time !

SRIDHAR. K

SRIDHAR. K (Querist)
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28 December 2009

cost price 0.070 and selling price .800

cp 0.070 - sp.800 =0.730/100

ans. = 73%
what is this 73% ( name of this calculation)

how to say this.

REg.
Sridhar K