Profit on cost
This query is : Resolved
08 May 2015
If gross profit on sales is 25% so we have to take sales as 125% or 100% ?
08 May 2015
as per your description
if
Sale then profit then cost
100 25 75
Your sales will be 100 only and your profit will be 33.33% on cost or 25% on sale (one and the same thing)
if its 25% on cost, then your sale shall be 125% on cost.
if
Sale then profit then cost
100 25 75
Your sales will be 100 only and your profit will be 33.33% on cost or 25% on sale (one and the same thing)
if its 25% on cost, then your sale shall be 125% on cost.
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