what is the meaning of margin in maths
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A margin, or gross margin, shows the revenue you make after paying COGS. To calculate margin, start with your gross profit (Revenue – COGS). Then, find the percentage of the revenue that is gross profit. You can find the percentage of revenue that is gross profit by dividing your gross profit by revenue.
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Step-by-step explanation:
The word ‘margin’ has several meanings, both in the world of business and finance, as well as other situations. It can refer to the difference between the cost of a product and how much you sell it for. It can also mean the amount by which revenue from total sales exceeds costs in a business.
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