Profit margin calculator (naira)

Find your selling price from your cost and the margin you want, or check the margin on a price.

Questions

What is the difference between margin and markup?
Margin is profit as a share of the selling price. Markup is profit as a share of the cost. A 25% margin is a 33.3% markup.
How do I price for a 30% margin?
Divide the cost by 0.70. A cost of ₦7,000 needs a price of ₦10,000.