Explain with formula.
1). Profit and Markup
2). property tax and General sales tax (GST)......plzzzzz explain meeeeee plzzzzz plzzzzz plzzzzz plzzzzzzz plzzzzz ................its very important to me plzzzzz
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Answer:
......
Step-by-step explanation:
1) Profit margin is sales minus the cost of good sold. Markup is the percentage amount by which the cost of a product is increased to arrive at the selling price.
2) Property tax is an annual tax, which is based on the current value of the property.
General sales tax is a one time tax, which is collected at the point of sale.
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