Doubt of profit percentage calculation
This query is : Resolved
09 May 2018
HOW CAN I CALCULATE PROFIT PERCENTAGE ?
PROFIT/ SALES TURNOVER OR PROFIT / PURCHASE COST PLUS EXPENSES. WHICH CALCULATION IS CORRECT
PROFIT/ SALES TURNOVER OR PROFIT / PURCHASE COST PLUS EXPENSES. WHICH CALCULATION IS CORRECT
Guest
Guest
(Expert)
09 May 2018
Profit percentage or markup = PROFIT / PURCHASE COST PLUS EXPENSES
Profit margin = PROFIT/ SALES TURNOVER
Profit margin = PROFIT/ SALES TURNOVER
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