Sharp EL-2192RII

20 | P a g e
MARKUP AND MARGIN
Markup and Profit Margin are both ways of calculating percent profit.
 Profit margin is percent profit vs. selling price.
 Markup is percent profit vs. cost.
 Cost is the cost.
 Sell is the selling price.
 GP is the gross profit.
 Mkup is the percent profit based on cost.
 Mrgn is the percent profit based on selling price.