Markup vs margin
Markup is the amount added to cost, as a percent of cost. Margin is the same amount as a percent of the selling price. A 40% markup on $50 is $20, for a $70 price and about 28.6% margin.
Frequently asked questions
What is the difference between markup and margin?
Markup is based on cost. Margin is based on selling price. They are not the same percentage.
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