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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The difference between margin and markup is that margin is sales minus the cost of goods sold, while markup is the the amount by which the cost of a product is increased in order to derive the selling price.www.accountingtools.com/articles/what-is-the-differ…Markup is the amount by which your business has increased the cost price of a sellable item. In other words, it’s the extra amount you charge your customers on top of what you’re already paying your supplier for a product. Margin (or gross profit margin) is how much revenue a business brings after deducting the cost of goods sold.www.sortly.com/blog/markup-vs-margin/Markup is the percentage increase on a product’s cost price to determine the selling price, indicating how much to add to cover business costs. Margin is what’s left over after sales are deducted from the cost of goods sold, which represents the profit.www.shopify.com/blog/markup-vs-margin-whats-th…In essence, a markup is a percentage added to a product’s cost to arrive at the retail price. A margin is a measure or ratio of a retailer’s profitability. In other words, markup is equal to a product’s selling price minus the cost of goods (or, in some cases, minus marginal cost—more on that in a little bit).www.linnworks.com/blog/markup-vs-margin/Markup refers to the amount that you charge a client on top of your cost of goods sold. A margin (sometimes called gross margin or gross profit margin) refers to the amount that your company keeps out of total revenue after the cost of goods sold is accounted for. When referring to a dollar amount, these two refer to the same number.www.growthforce.com/blog/markup-vs-margin-formul
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