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Margin vs Markup Calculator

Markup divides profit by cost; margin divides the same profit by the selling price. Different denominators, different numbers. Add 50% to a cost of 100 and you sell at 150 with 50 of profit — a margin of 50÷150, or 33.33%. Backwards, a 40% margin means the price is cost divided by 0.6, so the markup has to be 66.67%.

Your numbers

Margin this markup gives

33.33%

Markup this margin needs

66.67%

Price as a multiple of cost

1.5×

What it means

A 50% markup is a 33.33% margin. The other way round, a 40% margin needs a 66.67% markup.

Formula

Margin = Markup ÷ (100 + Markup) × 100, Markup = Margin ÷ (100 − Margin) × 100

When a supplier says "40% margin", establish which one they mean. Hear it as markup, add 40% to cost, and your margin lands at 28.6% — eleven points under target.

What to enter

InputDefaultAccepted range
Markup (%)Profit divided by cost. This one can exceed 100%.500 ~ 1,000
Margin (%)Profit divided by the sale price. It can never exceed 100%.400 ~ 99.9

Step by step

FormulaMargin = Markup ÷ (100 + Markup) × 100, Markup = Margin ÷ (100 − Margin) × 100
With the default numbers40 = 50 ÷ (100 + 50) × 100, 50 = 40 ÷ (100 − 40) × 100
AnswerMargin this markup gives = 33.33 %

Quick reference table

Results when only Markup (%) changes and everything else stays put.

Markup (%)Margin this markup gives (%)Markup this margin needs (%)Price as a multiple of cost (×)
252066.671.25
37.527.2766.671.375
5033.3366.671.5
7542.8666.671.75
1005066.672

What each result means

ResultAt default values
Margin this markup gives (%)The share of revenue left when you sell at that markup — always smaller than the markup.33.33
Markup this margin needs (%)What you must add to cost to hit that margin — always larger than the margin.66.67
Price as a multiple of cost (×)Price as a multiple of cost; a 50% markup makes it 1.5×.1.5

Common mistakes

When a supplier says "40% margin", establish which one they mean. Hear it as markup, add 40% to cost, and your margin lands at 28.6% — eleven points under target.

Glossary

Markup
Profit divided by cost. This one can exceed 100%.
Margin
Profit divided by the sale price. It can never exceed 100%.
Margin this markup gives
The share of revenue left when you sell at that markup — always smaller than the markup.
Markup this margin needs
What you must add to cost to hit that margin — always larger than the margin.
Price as a multiple of cost
Price as a multiple of cost; a 50% markup makes it 1.5×.

Frequently asked questions

Q. How is Margin vs Markup Calculator calculated?

Margin = Markup ÷ (100 + Markup) × 100, Markup = Margin ÷ (100 − Margin) × 100 — Markup divides profit by cost; margin divides the same profit by the selling price. Different denominators, different numbers. Add 50% to a cost of 100 and you sell at 150 with 50 of profit — a margin of 50÷150, or 33.33%. Backwards, a 40% margin means the price is cost divided by 0.6, so the markup has to be 66.67%.

Q. Can you walk through an example?

With Markup 50%, Margin 40%, the answer is Margin this markup gives 33.33%.

Q. What do I need to enter?

Enter Markup, Margin. The result recalculates as you type, and an empty box counts as zero.

Q. How much does the answer move if I change a number?

Changing only Markup (%) moves the answer to Markup (%) 25 → Margin this markup gives (%) 20 and Markup (%) 100 → Margin this markup gives (%) 50. The table below lays out five steps.

Q. How are the numbers rounded?

Money is shown to the nearest whole unit, percentages to one decimal place and everything else to two. What you see is rounded; the calculation itself carries the unrounded value forward.

Q. Anything to watch out for?

When a supplier says "40% margin", establish which one they mean. Hear it as markup, add 40% to cost, and your margin lands at 28.6% — eleven points under target.

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