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24 May, 06:47

Your gross margin is 60%, your operating expenses are: staffing 35%, rent 10%, miscellaneous 5%. Are you making a profit?

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  1. 24 May, 08:08
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    Out of the 100% selling price, the margin is 60%. Now, you need to pay fro the expenses with your margin.

    Staffing = 35%

    Remaining money = 60% - 35%

    Remaining money = 25%

    Now, 10% goes to rent

    Remaining money after paying rent = 25% - 10% = 15 %

    Now, 5% goes to miscellaneous expenses

    Hence, the remaining money after paying all the expenses = 15% - 5%

    Profit = 10%

    Hence, you are making a profit of 10%.
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