The markup and profit margin calculator has two modes. Mode 1 adds a markup to your costs to find a selling price and shows the actual profit margin. Mode 2 works backwards from a desired profit margin to find the selling price you need to charge.

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Add a markup to your job costs to find a selling price, or work backwards from a desired profit margin. Understand the difference between markup and margin at a glance.
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Markup and margin are not the same thing. A 50% markup on £100 gives a selling price of £150 and a profit margin of 33%, not 50%. Always check your margin before quoting to make sure your prices deliver the profit you need.
The markup and profit margin calculator has two modes. Mode 1 adds a markup to your costs to find a selling price and shows the actual profit margin. Mode 2 works backwards from a desired profit margin to find the selling price you need to charge.
In Mode 1, enter your labour, material and other costs, then your markup percentage. The calculator shows the total cost, markup amount, selling price and actual profit margin. In Mode 2, enter your total job cost and desired profit margin percentage to find the required selling price, gross profit and equivalent markup.
Markup is calculated as (selling price − cost) ÷ cost, expressed as a percentage. Margin is calculated as (selling price − cost) ÷ selling price. To work backwards from a desired margin, the selling price is calculated as total cost ÷ (1 − desired margin as a decimal).
A 50% markup on £100 gives a selling price of £150 and a profit margin of 33%, not 50%. Markup is based on your cost; margin is based on your selling price. Confusing the two is a common reason decorators underprice their work — use this calculator to check before you quote.
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