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Markup or gross profit margin?

Same percent. Two prices. See what you keep. No email.

Markup

Percent added to the cost.

Sale price
—
You keep
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Of the bill
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Gross profit margin

Percent of the bill you keep.

Sale price
—
You keep
—
Of the bill
—

Type a part cost and a percent. Both sides use that same percent.

TechTrax uses gross profit margin. The office picks the percent. The price on the bill keeps it. Big companies look at the percent of the bill too.

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