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Markup vs Margin Calculator

Convert between markup, margin, cost, and selling price.

Selling price
$70
Profit
$20

Markup on cost: 40.00%

Margin on price: 28.57%

Markup is profit as a percent of cost. Margin is profit as a percent of price. A 50% markup is a 33% margin. Confusing the two is a common pricing mistake.

About

Markup is profit as a percent of cost. Margin is profit as a percent of price. They're not the same number and confusing them is a common pricing mistake. This tool converts between cost, markup percent, margin percent, and selling price in either direction.

How to use

  1. Pick which two values you have.
  2. Enter cost plus markup, margin, or selling price.
  3. Read the rest.

FAQ

What's the difference between markup and margin?+

If something costs $10 and sells for $15, the markup is 50% (5/10) and the margin is 33% (5/15). Same profit, different denominator.

Which should I use to set prices?+

Margin if you care about profitability as a percent of revenue. Markup if you're applying a multiplier on top of cost. Most retailers think in markup, accountants think in margin.