Profit on cost
This query is : Resolved
Purnima Puglia
(Querist)
08 May 2015
If gross profit on sales is 25% so we have to take sales as 125% or 100% ?
Kaushik Joshi
(Expert)
08 May 2015
as per your description
if
Sale then profit then cost
100 25 75
Your sales will be 100 only and your profit will be 33.33% on cost or 25% on sale (one and the same thing)
if its 25% on cost, then your sale shall be 125% on cost.
if
Sale then profit then cost
100 25 75
Your sales will be 100 only and your profit will be 33.33% on cost or 25% on sale (one and the same thing)
if its 25% on cost, then your sale shall be 125% on cost.
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