product margin is req ??
This query is : Resolved
28 December 2009
Sir,
please clarify the below problem.
cost price 0.070 and selling price .800
Gross profit margin is 91.25%
product margin 0.070 - .800 =0.730
margin = 73%
Gross profit is ok.
product margin also we need to calculate?
my manager shows this format.
is it correct? pls. explain.
Awaiting for your valuable reply.
Reg.
Sridhar K.
please clarify the below problem.
cost price 0.070 and selling price .800
Gross profit margin is 91.25%
product margin 0.070 - .800 =0.730
margin = 73%
Gross profit is ok.
product margin also we need to calculate?
my manager shows this format.
is it correct? pls. explain.
Awaiting for your valuable reply.
Reg.
Sridhar K.
28 December 2009
91.25% is your product margin not the GP. 73% is incorrect.
For GP you also need to add direct cost in the cost price.
For GP you also need to add direct cost in the cost price.
28 December 2009
Thank you sir,
also please let me know
cost price 0.070 and selling price .800
what is this
cp 0.070 - sp.800 =0.730 = 73% ??
any calculation is there like this, how to say this.
REg.
Sridhar K
also please let me know
cost price 0.070 and selling price .800
what is this
cp 0.070 - sp.800 =0.730 = 73% ??
any calculation is there like this, how to say this.
REg.
Sridhar K
10 August 2024
https://docs.google.com/document/d/1D-e0dyGkwxb_hH_kVGyT_SfOZuh3HUxydu7W2weWGPk/edit?usp=sharing
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- Presumptive income under 2025 ACT
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
