Profit Margin on an item that Cost $37.50 with a Selling Price of $50

Given: Cost = $37.50,  Selling Price = $50
Formula:
Profit Margin =  
Selling Price – Cost/ Selling Price

Profit Margin =  
$50 – $37.50/ $50

Profit Margin =  
$12.50/ $50

Profit Margin = 0.25 = 25%
Notes:
Profit = Selling Price – Cost = $50 – $37.50 = $12.50
Markup Amount = Profit = $12.50
Markup Percentage =  
Markup Amount/ Cost
=  
$12.50/ $37.50
= 0.3333 = 33.33%

The solution above and other related solutions  were provided by the Profit Margin given Cost and Selling Price Application.