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Re: What's this shop's future?
Posted to Shop Management Forum on 11/7/2006 1 Reply

Scott, Thats because mark up and margin are two different things, but they get used incorrectly a lot. 50% "mark up" means you "mark up" a part by 50% of its cost...you buy a widget for $100, mark it up 50% for a total sale price of $150.00. Margin, (G... Login to read more.

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