Quick Answer
Margin = profit ÷ selling price; markup = profit ÷ cost. A product costing $60 sold at $100 has a 40% margin but a 66.7% markup — they are not the same. Enter cost and price to see both.
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Margin = profit ÷ selling price; markup = profit ÷ cost. A product costing $60 sold at $100 has a 40% margin but a 66.7% markup — they are not the same. Enter cost and price to see both.