markup vs margin calculator (CAD)
Markup and margin are not the same thing. This tool shows you both side by side so you can see the difference and price your jobs correctly. All values in Canadian dollars. Remember that HST/GST applies on top of your selling price.
ββ Inputs βββββββββββββββββββββββββββββββββββββββββ
ββ Results βββββββββββββββββββββββββββββββββββββββββ
> enter a cost price and percentage above to see results_
ββ The difference explained βββββββββββββββββββββββββββββββββββββββββ
20% markup on CA$100.00 = sell for CA$120.00 (profit CA$20.00).
20% margin on CA$100.00 = sell for CA$125.00 (profit CA$25.00).
They're not the same.
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