Posts Tagged ‘profit margin’

A Profit Margin is…

Friday, August 21st, 2009

A profit margin is the amount by which the income of a business exceed its costs – or, in other words, the percentage of an item’s price that the seller gets to keep. So if your business sells jeans for $100 a pair, but each pair takes only $89 to make, you get to keep the remaining $11, and your profit margin is 11%.