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Word Description
Margin Margin usually expresses profit as a percentage of the selling price of an item, for example a product with a cost price of 10 and a selling price of 14 has a Margin of 28% - do not confuse with markup which is calculated differently.
Markup Markup usually expresses profit as a percentage of cost, for example an item with a cost price of 10 and a sell price of 14 has a markup of 40% - do not confuse with Margin which is calculated differently.