Dumb Question on Metric Bolts

[Jim Bennett]

Jack, I understand the basis of the problem quite well, but you have even confuzzled me.

More simply, it can be looked at the same as in pricing, as one is markup, the other margin.

I get queried on that all the time by customers at work. For example, when they see that my take on a project is 20% margin (percent of overall costs), they balk when they see that I need to mark up the cost of work by 25% to get this margin. Simple math proves the point though.

[rabbit]

I luv decimal inch, David. And also decimal foot, Jim B, altho I have never had occasion to use it. Whatever happened to Spare the rod and spoil the survey?

jack

[rabbit]

If one can provide a simpler way of thinking or a more transparent context of explanation, how could one be said to be confused? Or confuzzled? Perhaps it might better be said that one is more pleased with one's answer than with another's? Or more familiar?

jack

[Jim Bennett]

Originally Posted by rabbit

Perhaps it might better be said that one is more pleased with one's answer than with another's?

Well, of course mine is better. *he says with nose pointed skyward*

[cpaharley2008]

Jack, you remind me of Norm Crosby

Norm Crosby roasts Kirk Douglas - YouTube

[rabbit]

Rummaging around for my metric snowball sizer as we speak.

jack

[rabbit]

Better a malaprop than no prop at all. Leo Gorcey was the Master!

jack

[Jim Bennett]

Originally Posted by rabbit

Rummaging around for my metric snowball sizer as we speak.

jack

Better find it quick, the snow is melting fast around here.

[Thomas G.]

I was poking around my local junk yard, er,..... recycler and they had a mound of new 1/4x20x1" stainless bolts. I grabbed a pound, which is a lifetime supply for me at this age. Total - $1.00.

[GMike A]

I'm still stuck on referential quantity.

[rabbit]

How about the quantity referenced, the governing quantity, the quantity by which other quantities are measured as a percentage thereof? Or, the denominators are different? Or it's an obscure illustration of how to front load markup to back fill profit margin? Or what a confuzzlin development? Or search me?

jack

[Francesca Knowles]

Originally Posted by cpaharley2008

Since we have strayed so far off topic here is a question:

If item A weighs 6 oz and item B is 8 oz and both costs the same, B will advertise that you are getting 33% more than A . However, isn't A 25% less than B? What happened to the other 8%??

[rabbit]

Blessed is he who makes even more than she thinks he does!

jack