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Re: FLOPDROPROLL post# 83250

Tuesday, 10/17/2017 9:51:11 AM

Tuesday, October 17, 2017 9:51:11 AM

Post# of 93372
100% Margins LMFAO!! Can't happen buddy, you can have 100% mark-up but you can NEVER have 100% profit. As long as you have a cost associated with the product, its impossible to have 100% profit.

find out your COGS (cost of goods sold). For example $30.

find our your revenue (how much you sell these goods for, for example $50).
calculate the gross profit by subtracting costs from revenue. $50 - $30 = $20

divide gross profit by revenue: $20 / $50 = 0.4.

express it as percentages: 0.4 * 100 = 40%.

this is how you calculate profit margin.