margin percent question

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margin percent question

Post by Mark on 9/1/2013, 9:21 pm

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.
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Re: margin percent question

Post by Gummy on 9/1/2013, 9:26 pm

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%
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Re: margin percent question

Post by Mark on 9/1/2013, 9:32 pm

alright thanks, +rep(:
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Re: margin percent question

Post by Tuff Tiga on 9/1/2013, 11:10 pm

Answered, locked.

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