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Business

Profit Margin vs Markup — What’s the Difference?

Verified 11 September 2026Evergreen

Direct answer

Profit is selling price minus cost. Margin expresses profit as a percentage of selling price, while markup expresses the same profit as a percentage of cost. They are not interchangeable.

Key takeaways

  • Profit is a rupee amount.
  • Margin divides profit by selling price.
  • Markup divides profit by cost.
  • A 25% margin is not a 25% markup.

Worked example

If a product costs Rs 45,000 and sells for Rs 60,000, profit is Rs 15,000. Margin is 15,000 ÷ 60,000 = 25%. Markup is 15,000 ÷ 45,000 = 33.33%.

Profit = selling price − cost · Margin = profit ÷ selling price · Markup = profit ÷ cost

Which percentage should you use?

Use margin when asking what share of revenue remains as profit. Use markup when adding a percentage to cost to set a price. Always state which one you mean in pricing discussions.

Original reference table

One profit, two percentages

Both percentages describe the same Rs 15,000 profit from different bases.
MeasureCalculationResult
ProfitRs 60,000 − Rs 45,000Rs 15,000
MarginRs 15,000 ÷ Rs 60,00025%
MarkupRs 15,000 ÷ Rs 45,00033.33%

Original visual

Where the percentage starts

Profit margin25% of sales
Markup33.33% of cost
Margin uses sales as the 100% base; markup uses cost.

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Useful questions

Quick answers

What selling price gives a 25% margin on Rs 45,000 cost?

Rs 60,000, because Rs 45,000 ÷ (1 − 0.25) = Rs 60,000.

Sources & references

How this guide was checked

Seedha Hisab

Standard arithmetic definitions and worked calculation

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Update history: 11 September 2026 — guide created or verified against the source and methodology shown above.