What is the difference between the margin and markup?

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Posted by:
Alaa AlHamdan
28-January-2014

Budgeting Finacle Gross Margin Margin Enhancement

Question added by Ahmed Lutfi Abu Rasheed , Chife Accountant , Cigalah Trading Est.,
Date Posted: 2013/10/09

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3 Answers

by Rehan Qureshi , Financial Consultant , Self Employeed

fully agree with Mr. Divyesh Patel

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Ahmed Lutfi Abu Rasheed

by Ahmed Lutfi Abu Rasheed , Chife Accountant , Cigalah Trading Est.,

ok

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by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Mark-up- is the amount you add to the cost of a product to arrive at its selling price.

Margin- simple means you turn that into a percentage of the selling price.

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