Profit Margin on an item that Cost $600 with a Selling Price of $800

Given: Cost = $600,  Selling Price = $800
Formula:
Profit Margin =  
Selling Price – Cost/ Selling Price

Profit Margin =  
$800 – $600/ $800

Profit Margin =  
$200/ $800

Profit Margin = 0.25 = 25%
Notes:
Profit = Selling Price – Cost = $800 – $600 = $200
Markup Amount = Profit = $200
Markup Percentage =  
Markup Amount/ Cost
=  
$200/ $600
= 0.3333 = 33.33%

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

Find Profit Margin given Cost and Selling Price

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