Margin and Markup
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If we have BUY and SELL prices, then:
PROFIT = SELL - BUY
- Margin = PROFIT / SELL x 100
- Markup = SELL / BUY x 100 - 100
In other words:
- Margin = PROFIT part in SELL price or what part profit make up in sell price
- Markup = increase from BUY to SELL price or how much SELL price increased from BUY price in percents