Markup vs Margin | Explained with Examples

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In this lesson, we explain the difference between markup and margin and how they are calculated with the help of a few examples. In the Margin vs Markup example, we show how to get profit on mark-up, profit on margin, the selling price on mark-up, the selling price on margin, cost price on mark-up, as well as cost price on margin.

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Комментарии
Автор

Ok thank you. When calculating markup the selling price is higher than 100%, that is cost + profit.
The cost is always 100%.
When calculating the margin the selling price is 100%. Well understood.

blessedblessed
Автор

Hi.. Please advice, how do you calculate the mark-up and selling price, if you were only provided with the cost price?
Your assistance will be much appreciated.

kgothatsosithole