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 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%
Nope. It's a gross profit margin of 66.7% ie. a 66.7% margin on the original price. You are burying yourself here.

quick run away, he has got GCSE maths, so scary!
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%



Nope. It's a gross profit margin of 66.7% ie. a 66.7% margin on the original price. You are burying yourself here.

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.
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?!![]()
still its better than workingNope. It's a gross profit margin of 66.7% ie. a 66.7% margin on the original price. You are burying yourself here.

No that's wrong. Gross profit margin is:
Price - Cost
Price
It is a 66.7% gross markup. Trust me, MA in business![]()