margin = profit ÷ selling price × 100Margin uses selling price as its reference; markup uses cost. They are not the same percentage.
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Useful for quick everyday estimates and for checking arithmetic with clearly entered values.
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margin = profit ÷ selling price × 100Margin uses selling price as its reference; markup uses cost. They are not the same percentage.
Cost 60, sell 100 → profit 40 → margin 40%After calculating, the tool shows the values used and the working so you can check it.