product margin is req ??
This query is : Resolved
SRIDHAR. K
(Querist)
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.
CA Tilak Raj Sharma
(Expert)
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.
SRIDHAR. K
(Querist)
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
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