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Profit Margin

Level

Associate

'-margin' is a term used in business. It is the difference between the cost of producing or buying a product and the price it's sold for. It's an important number to know because it tells how much a business makes for each sold.

Context

Business

In a trading business, 'profit-margin' is the difference between the buying and selling price of the . A might say, 'We aim to maintain a minimum profit-margin of 10% on all our goods.'

Practice Professional Conversation

Listen to the given audio and respond using 'profit-margin'.

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