Get Active in Our Amazing Community of Over 464,000 Peers!

Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!
Meeting Board
Consulting Q&A
Case Partner
Premium Membership
Question on the case: OnlineGo

Annual gross mark-up

OnlineGo
New answer on Aug 31, 2021
1 Answer
916 Views
Anonymous A asked on Aug 30, 2021

Hi there,

Isn't the answer for the second part of Q1 different as the question asked for gross mark-up instead of profit margin? The answer given is annual profit margin of 28.6% and was wondering if I missed something.

If it is indeed different, may I know what would your answer be? Thanks! :)

I want to be notified about updates regarding this question via email

Overview of answers

Upvotes
  • Upvotes
  • Date ascending
  • Date descending
Best answer
Ian
Expert
Content Creator
 replied on Aug 31, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

I think you're right here!

They ask for markup but then provide margin…two different (but easily confused concepts)

Margin is (sales minus the cost) divided by sales.

Markup is (sales minus the cost) divided by cost.

Was this answer helpful?
1
Book a coaching

Related Products

Prepped and Primed 3

5.0
31 Reviews
  • 3 1-on-1 Coaching Sessions
  • Fully tailored and customized
  • 100+ video course included
USD 1,107 USD 989
Buy now Add to cart
Ian

Similar Questions

Breakeven

3 answers

Could you please clarify Q6 ?

2 answers

What's the difference between Q4 and Q5?

1 answer
Ian gave the best answer
Show information

Ian

Content Creator
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
1,108
Meetings
80,402
Q&A Upvotes
244
Awards
5.0
151 Reviews
Book a coaching
Visit the profile of Ian

Related Products

Prepped and Primed 3

Similar Questions

Breakeven

3 answers

Could you please clarify Q6 ?

2 answers

What's the difference between Q4 and Q5?

1 answer
How likely are you to recommend us to a friend or fellow student?
0
1
2
3
4
5
6
7
8
9
10
0 = Not likely
10 = Very likely
Submit feedback
You are a true consultant! Thank you for consulting us on how to make PrepLounge even better!
Close Close and keep on prepping
Cookie and Privacy Settings
This website uses cookies to enable essential functions like the user login and sessions. ... (Read more) We also use cookies and third-party tools to improve your surfing experience on preplounge.com. You can choose to activate only essential cookies or all cookies. You can always change your preference in the cookie and privacy settings. This link can also be found in the footer of the site. If you need more information, please visit our privacy policy.
Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. a GDPR, to your data being processed in the USA. The USA is not considered to have adequate data protection legislation. If you need more information please view the individual settings.
Questions or Feedback?
Select category
  • Select category
  • Case Interview Preparation
  • Coaching
  • Technical Problems
  • Other
Your name
Your email address
Cancel