Given a cost and a gross margin percent, this calculates Price, Gross Profit, and Markup Percent.
Price = Cost/(1 - Gross Margin)
Gross Profit = Price * Gross Margin
Markup = Gross Profit * 100/Cost
Timestamps:
00:00 Intro
00:16 Start Calculation
00:46 Calculate Price
01:21 Calculate Gross Profit
01:39 Markup Percent
