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AcademicGround >> 1.67 = a 40% margin? OG MATH


5/17/07 4:57 PM
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littleguy
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Edited: 17-May-07
Member Since: 01/01/2001
Posts: 28777
 
We use multiply our costs by 1.67 in order to get a 40% margin on our goods. Could anyone explain to me why that works out to be 40%???
5/22/07 2:51 AM
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Jonwell
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Edited: 22-May-07
Member Since: 01/01/2001
Posts: 47615
Eh? Give examples.
5/22/07 12:50 PM
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littleguy
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Edited: 22-May-07
Member Since: 01/01/2001
Posts: 28855
The OG figured it out for me. Thanks though.

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