Profit margin and markup
Work out markup and profit margin from cost and price, tell them apart, and set a price that hits a target margin.
In this lesson
- Profit = price − cost.
- Markup = profit ÷ cost:
=(C2-B2)/B2. - Margin is always smaller than markup and below 100%: 50% markup = 33.3% margin, 100% markup = 50% margin.
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Delete repeated rows from a merged list, and choose which columns decide what counts as a duplicate.
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Where it sits in Business math
- Profit margin and markupThis lesson11 min
- Percentage increase and decrease9 min
- Compound interest11 min
- Loan payments with PMT10 min
- Break-even point10 min
- Currency conversion table10 min
The steps
10 steps: 3 explanations, 5 Do this, 2 questions, then Your turn.
Try a free lesson first
Delete repeated rows from a merged list, and choose which columns decide what counts as a duplicate.
Confident · 9 min · Free, with no sign-up
Do the free lesson on your computer.
Send yourself the link and open it on a laptop or desktop.
On your computer, go tolearnford.com/go/BV7C