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hi everyone welcome back to sahad academy today in this video we are going to understand the concept of markup and margin and weamp;#39;ll see how to calculate this with a formula and then the most important thing is the interpretation you should be able to understand once you know how to calculate the markup and margin okay what is the interpretation you can get out of this thatamp;#39;s very important and we are going to see that with a beautiful example all right so letamp;#39;s start the video and letamp;#39;s get into it now before getting into the concept of markup and margin letamp;#39;s just understand these three things of the income statement revenue cost of goods sold and gross profit itamp;#39;s very simple see here revenue is the income you earn by selling your products and services the main inflow that the company has the business has okay thatamp;#39;s revenue and then what is cost of goods sold itamp;#39;s really simple as the name says itself it is the cost of