- Joined
- Jun 19, 2014
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Obviously I can do the math and see that it's not the same but I can't in simple terms explain why - is there a theoretical explanation that would make it easier for me to explain?
Add price of 1pp
Sales 100-->101
COGS 50-->50
GM 50-->51
GM% 50.0%-->50.5% or ~.5pp
Add price of 1pp
Sales 100-->101
COGS 50-->50
GM 50-->51
GM% 50.0%-->50.5% or ~.5pp