The higher the gross margin, the higher will be the mark-up percentage. For example, a gross margin

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The higher the gross margin, the higher will be the mark-up percentage. For example, a gross margin of 50% results in a mark-up of 100%, whilst a gross margin of 25%

means a mark-up of 33.3,.

If a business has a gross margin of 20%, what would be the mark-up?

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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Question Posted: Jul 02, 2024 09:05 AM

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The higher the gross margin, the higher will be the mark-up percentage. For example, a gross margin

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Accounting And Finance For Business

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