Markup vs Margin | Explained with Examples

In this lesson, we explain the difference between markup and margin and how they are calculated with the help of a few examples. In the Margin vs Markup example, we show how to get profit on mark-up, profit on margin, the selling price on mark-up, the selling price on margin, cost price on mark-up, as well as cost price on margin.
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[@MoonLight-fs6gl]

best video on this topic ever

[@blessedblessed3474]

Ok thank you. When calculating markup the selling price is higher than 100%, that is cost + profit.
The cost is always 100%.
When calculating the margin the selling price is 100%. Well understood.

[@kgothatsosithole2663]

Hi.. Please advice, how do you calculate the mark-up and selling price, if you were only provided with the cost price?
Your assistance will be much appreciated.

[@mathew4485]

i THINK its.... cost price x percent of mark up = Selling price

[@luphumlombebe7018]

thank you for your work

[@primrosechivasa7453]

Glad i have found you

[@kapambwelupali7120]

Nice, well understood

[@cedricmaisela1990]

Thanx Well understood

[@jafferleibiofficial8587]

Excellent

[@tafadzwagutukunuhwa]

Thank you

[@masrurahmed4680]

👍

[@boitumelobaloyi7395]

Thank you

[@Counttuts]

You are welcome.