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May 09, 2024, 11:08:16 am
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Author Topic: mark up  (Read 775 times)  Share 

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TyErd

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mark up
« on: June 07, 2010, 03:48:34 pm »
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whats the formula for calculating mark up?
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Chavi

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Re: mark up
« Reply #1 on: June 07, 2010, 04:26:16 pm »
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cost price x Mark up (percentage)
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mba

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Re: mark up
« Reply #2 on: June 08, 2010, 09:41:48 am »
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If given the sale price and ask to find cost price you divide the sale price by 1.mark up.

I.e.: Sales were $500 for the reporting period, Don's Dogwash marks up all sales by 60%.

C.O.S = 500 / 1.6
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