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Business

Markup Calculator

Apply a markup to your cost to get a selling price, and see the margin that markup actually produces.

Your numbers

$
%

Result

Selling price $1,740.00
Profit $540.00
Resulting margin 31.03% Lower than the markup. Always
Markup needed for a 50% margin 100%
A 45% markup on 1,200 gives a price of $1,740.00, but only a 31.03% margin. Markup and margin are never the same number.

Cost should be fully loaded. If your cost figure excludes overhead, the margin shown is gross and your real net margin is lower.

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Questions

About this calculator

What markup gives a 50% margin?

100%. Doubling your cost is the only way to keep half the selling price. A 50% markup produces just a 33% margin.

Why do contractors use markup instead of margin?

Because you start from a known cost and work forward. That is fine: the danger is targeting a margin number and applying it as a markup, which silently under-prices every job.

Should material and labour carry the same markup?

Not necessarily. Many trades mark materials up more than labour because materials tie up cash and carry waste and warranty risk.

The formula

price = cost × (1 + markup); margin = markup ÷ (1 + markup)

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