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Results
Gross Profit
Markup Percentage
Instructions & Reference
Calculation Method
Markup is the difference between the selling price of a product and its cost, expressed as a percentage of the cost. It represents how much amount is added to the cost to determine the selling price. Note that Markup is different from Profit Margin (which is profit as a percentage of revenue).
Formulas
The formulas for calculating markup and gross profit are as follows:
- Gross Profit = Revenue - Product Cost
- Markup (%) = (Gross Profit / Product Cost) × 100
