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What is the difference between markup and margin pricing method ?

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Question added by yorgo souaid , Comliance Auditor , ESLA construction
Date Posted: 2016/03/15
Naveen Kumar Balan
by Naveen Kumar Balan , General Manager (Finance & Audits) , City Flower Retail (Fleeriya Group)

Margin is GP on sales price whereas Markup is GP on Cost of Goods.

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