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What is the difference between the terms "Margin" & "Mark-up" ?

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Question ajoutée par Sunil Nair , MANAGER - FINANCE , Aster DM Healthcare Pvt. Ltd.
Date de publication: 2015/03/08
Hani ALQUDAH
par Hani ALQUDAH , Collections Executive , Social Security Corporation

in my opinion; the margin is a percentage or amount reflects the total profit per unit of production that added to the unit cost, where the markup is an amount or a percentage that could be a part of the margin of included into the unit cost. the markup is set to cover a specific item such as; sales tax (when selling price is included the sales tax), sales commission, sales order carrying out cost ...etc. generally it is an incidental cost.

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