This is an old revision of the document!
Markup is calculated using the following formula:
((Ex. Price / (Unit Cost × Quantity)) - 1) × 100 ie: ((10 / (5 × 1)) - 1) × 100 ((10 / 5) - 1) × 100 (2 - 1) × 100 1 × 100 ∴ Markup = 100%
Net Profit is calculated using the following formula:
(Ex. Price - (Unit Cost × Quantity)) ie: (10 - (5 × 1)) (10 - 5) ∴ Net Profit = 5.00