ah love it, second time this week I've got this thread to discuss/argue other than the usual stuff. oh and if you purchase an item for 30p and sell it for 50p, your gross profit is 20p or a G.P.margin of 40%
Ah, but if you buy a player for £35 million (for example ) and then sell him for £21 million your GP margin is -66.7%.
Nope. It's a gross profit margin of 66.7% ie. a 66.7% margin on the original price. You are burying yourself here.
Liverpool fans, still deuded in thinking they are the best team in England. maybe next year Best team in England is UTD with 19 titles Best team in Europe is Real Madrid with 9 titles
No that's wrong. Gross profit margin is: Price - Cost Price It is a 66.7% gross markup. Trust me, MA in business
A in GCSE maths? Whoopy f.....g doo. I've got grade 1 in 'O' level maths and A in 'A' level physics. They were proper exams back then. Believe me, both my daughters have done GCSEs and I've guided then through them. My ex-wife failed 'O' level maths three times and she p....d the GCSE version.
Lol, so we've compared players, we've compared managers, we've compared records...now we're going to compare educational qualifications?!
FFS this was meant to be a joke against the "Hadron" fella, hands up it's backed fired opn me. ....... you are wrong, if the c.o.g.s is 3,which is 60% of the selling price of 5, which is 100% ergo the profit margin was 2 or 40%. Yes Swarbs was right in his post, but he was stating mark up, I refered to margins. And without banging on with what is my occupation I do this everyday for a living, and have done for over 30 years. peace now can I pick on a mickey instead.
Ah, well my Business Studies was never as good as my Maths. So now I look like an idiot. Oh well! I reckon I'd probably still take Red Hadron Collider in a Business Studies face off though.
