Enter your cost and the markup you want, and see the selling price, profit, and the margin percentage that markup actually works out to -- they are not the same number.
Markup is added on top of your cost (cost × 1.25 for a 25% markup).Margin is the profit's share of the final price (profit ÷ price). A 25% markup is only a 20.0% margin -- quoting "25%" without saying which one you mean is how contractors underprice jobs without realizing it.
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