Markup vs Margin Calculator

(Markup ↔ Margin Conversion Tool)

Enter your cost with either a markup %, a margin %, or a selling price, and see both percentages, the resulting price, and profit per unit — plus a quick-reference conversion table.

Step 1 — What do you already know?

Step 2 — Enter Values

What you paid or spent to produce/acquire one unit

Profit as a percentage of your cost

%

Calculated Results

Enter your cost and either a markup %, margin %, or selling price.

Markup → Margin Quick Reference

Same formulas as above, precomputed for common round-number markups

Markup %Equivalent Margin %On a $40 Cost, Price Becomes
10%9.09%$44.00
20%16.67%$48.00
25%20.00%$50.00
33.33%25.00%$53.33
50%33.33%$60.00
66.67%40.00%$66.67
100%50.00%$80.00
150%60.00%$100.00
200%66.67%$120.00
300%75.00%$160.00

Why Markup and Margin Are Easy to Confuse

Markup and margin both describe the same profit, but as a percentage of two different numbers — cost for markup, selling price for margin — and mixing them up is one of the most common pricing errors small business owners make. A seller aiming for a 50% margin who instead applies a 50% markup ends up under-pricing every single sale, often without realizing it until cash flow tightens.

Markup Formula

Markup % = (Price − Cost) ÷ Cost × 100

Margin Formula

Margin % = (Price − Cost) ÷ Price × 100

Because markup divides by the smaller number (cost) and margin divides by the larger number (price), markup is always a bigger percentage than margin for the same dollar profit — the only exception is at 0%, where both are zero.

Worked Example

A product costs $40 to make and sells for $60. The profit is $20 either way you slice it — the percentages just describe it differently:

  • Markup: $20 ÷ $40 = 50%
  • Margin: $20 ÷ $60 = 33.3%

To actually reach a 50% margin on that $40 cost, the price needs to rise to $80 — which is a 100% markup. This is exactly what the conversion table below (and the calculator above) works out automatically.

Frequently Asked Questions (FAQ)

Margin is generally more useful for pricing decisions because it ties directly to your revenue and matches how profit and loss statements are built. Markup is a fine mental shortcut for quick pricing at the point of sale, as long as you know it will always understate your true margin.

Yes — markup has no upper limit since it's uncapped profit relative to a fixed cost base. Margin, on the other hand, mathematically approaches but can never reach 100%, since that would require a $0 cost.