Sharp EL-2630PIII

30 | 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.
To Find
Knowing
Operation
Mrgn
Sell, Cost
Mkup
Sell, Cost
Sell
Cost, Mrgn
Cost
Sell, Mrgn
Sell
Cost, Mkup
Cost
Sell, Mkup