How to Calculate Percentages

What Is the Average Gross Profit Margin for a Small Retail Business? In other industries such as software product development the gross profit margin can be higher than 80% in many cases. Some retailers use margins because you can easily calculate profits from a sales total. If your margin is 30%, then 30% of your sales total is profit. If your markup is 30%, the percentage of your daily sales that are profit will…

Continue reading