Profit per item: 40.00
Profit margin: 40.00%
Markup on cost: 66.67%
Price for target margin: 85.71
Gross profit excludes overhead, payment fees, shipping and other operating expenses unless you include them in cost.
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How to calculate profit margin
Gross profit equals selling price minus cost. Gross profit margin is gross profit divided by selling price, multiplied by 100. Markup is gross profit divided by cost, multiplied by 100.
Frequently asked questions
Is margin the same as markup?
No. Margin uses selling price as its denominator; markup uses cost. The percentages differ.
Can I use this tool on a phone?
Yes. The tool works in modern mobile and desktop browsers.
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