Free Profit Margin Calculator
Calculate profit, profit margin, markup and selling price instantly. Free, simple and easy to use with no account required.
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Free Profit Margin Calculator
AIGoHelp's free Profit Margin Calculator helps you calculate profit, profit margin, markup and selling price quickly.
Enter your cost and selling price to see how much profit you make per unit, your gross profit margin and your markup percentage.
You can also work backward from a target profit margin or markup to find the selling price you should charge.
How to Calculate Profit Margin
Profit margin measures profit as a percentage of the selling price or revenue.
For example, if a product costs $60 and sells for $100, the profit is $40 and the profit margin is 40%.
Profit Margin vs. Markup
Profit margin and markup are related, but they are not the same percentage.
Profit margin is calculated using the selling price as the base. Markup is calculated using the cost as the base.
For example, a product that costs $60 and sells for $100 produces $40 of profit. The profit margin is 40%, while the markup is 66.67%.
This difference is important when setting prices. A 50% markup does not produce a 50% margin.
How to Calculate Selling Price From a Target Margin
If you know your cost and want to achieve a specific profit margin, you need to calculate the selling price using the target margin.
For example, if your cost is $60 and you want a 40% profit margin:
Therefore, the required selling price is $100.
How to Calculate Selling Price From a Target Markup
Markup is calculated from cost, so calculating a selling price from a target markup is simpler.
For example, if an item costs $60 and you want a 50% markup:
The selling price would be $90. The resulting profit margin would be 33.33%.
Who Can Use This Calculator?
- Small business owners
- Retailers and wholesalers
- E-commerce sellers
- Freelancers and consultants
- Service providers
- Product distributors
- Shopify and online store sellers
- Anyone comparing product pricing
Frequently Asked Questions
What is profit margin?
Profit margin is profit divided by selling price or revenue, multiplied by 100.
What is the difference between margin and markup?
Margin is profit divided by selling price, while markup is profit divided by cost.
How do I calculate selling price from a target margin?
Divide the cost by one minus the target margin expressed as a decimal.
Is a 50% markup the same as a 50% margin?
No. A 50% markup produces a 33.33% profit margin.
Is this calculator free?
Yes. The AIGoHelp Profit Margin Calculator is free to use and does not require an account.