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Markup or margin? A calculator
A margin is a share of the selling price. A markup is a share of the cost. The same percentage is not the same price.
Result
- Selling price
- 117.65
- Profit
- 17.65
- Markup
- 17.65%
- Margin
- 15%
A 15% margin on a cost of 100.00 sells for 117.65. A 15% markup sells for 115.00.
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