KB ID : JKB0034
Summary
This article describes how to calculate the margin for any product sold on Jumbotail App.
Description
In business and commerce generally, margin refers to the difference between the seller's cost of acquiring products and the selling price, expressed as a percentage of net sales revenues.
Calculation
MARGIN = (MRP - SELLING PRICE)/SELLING PRICE
Example
Siddhi Toor Dal, 500g Pack | MRP = 100 | Selling Price = 70
Margin : (100 - 70)/70 = 0.4286
Aashirvaad Superior MP Atta, 1kg Pack | MRP = 46 | Selling Price = 40.8
Margin : (46 - 40.8)/40.8 = 0.1275
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