MARKUP AND MARGIN
Markup and Profit Margin are both ways of calculating percent
profit.
– Profit margin is percent profit vs. selling price.
– Markup is percent profit vs. cost.
– Cost is the cost.
– Sell is the selling price.
– GP is the gross profit.
– Mkup is the percent profit based on cost.
– Mrgn is the percent profit based on selling price.
To Find
Mrgn
Mkup
Sell
Cost
Sell
Cost
30 |
P a g e
Knowing
Sell, Cost
Sell, Cost
Cost, Mrgn
Sell, Mrgn
Cost, Mkup
Sell, Mkup
Operation