markup vs margin calculator
Markup and margin are not the same thing. A lot of tradies get caught out by this β they think they are making 20% margin when they are actually making 16.7%. This tool shows you both side by side in AUD so you can see the difference and price your jobs correctly.
ββ Inputs βββββββββββββββββββββββββββββββββββββββββ
ββ Results βββββββββββββββββββββββββββββββββββββββββ
> enter a cost price and percentage above to see results_
ββ The difference explained βββββββββββββββββββββββββββββββββββββββββ
20% markup on A$100.00 = sell for A$120.00 (profit A$20.00).
20% margin on A$100.00 = sell for A$125.00 (profit A$25.00).
They're not the same. Get this wrong and you are leaving money on the table on every single job.
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