Question
Updated on
19 Dec 2020
- Russian
-
English (US)
Question about English (US)
What is the difference between margin and profit ?Feel free to just provide example sentences.
What is the difference between margin and profit ?Feel free to just provide example sentences.
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- English (US)
A profit margin measures in percentages while profit is measured in money (dollars, cents, etc.)
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- English (US)
A margin refers to the percentage between the revenue & the cost.
The product has a 25% profit margin.
Profit is the numerical amount gained after cost.
“The shoes cost $10 to make, and were sold with a price of $60. That’s a profit of $50”
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