margin percent question
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margin percent question
i was wondering how i would go about figuring out the margin percent for an item flip, ex sold for 657,899 and bought for 321,456. like what would i press on a calculator. not sure if right place either.
Mark Tier 4 (500 posts)
Re: margin percent question
Are you asking for the profit percentage of an item, because if so it would be the same.
Profit / total Buy Price x 100
In your example there is a profit margin of 336,443. Take that and divide it by 321,456 gives you 1.04. Multiply that times 100 and you receive your answer of 104.66%
Profit / total Buy Price x 100
In your example there is a profit margin of 336,443. Take that and divide it by 321,456 gives you 1.04. Multiply that times 100 and you receive your answer of 104.66%
Gummy Grandmaster (2000 posts)
Tuff Tiga Grandmaster (2000 posts)
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