How to determine the margin:  Retail price minus cost = Margin

Example:  $7.50 less $6.46 = $1.04

How to determine the margin percent:  (Margin divided by retail price) multiplied by 100 = Margin percent

Example:

  • $1.04 divided by $7.50 = 0.1387
  • 0.1387 multiplied by 100 = 13.87%

 

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Printed on: 7/17/18