100% Markup to Margin: a 100% markup is a 50% margin

If you add 100% to your cost, you are keeping 50% of every sale as gross profit. That gap between 100 and 50 is the single most common pricing mistake we see in small-business spreadsheets.

100% markup = 50% margin

Check any cost at 100% markup

Selling price
Gross profit
Margin
Markup

Prefilled with this page's numbers. Change either field; results update instantly and nothing is sent anywhere.

The formula

margin = markup ÷ (100 + markup) × 100
100 ÷ 200 × 100 = 50%

A 100% markup can never be a 100% margin because you would need the profit to equal 100% of a price that already contains the profit. On a $42.00 cost the price is $84.00; the $42.00 of profit is 50% of that, and no amount of rounding closes the gap.

Price table at 100% markup

Every row adds 100% to the cost. The margin column is the same on every line, 50%, because margin depends only on the percentage, not on the amount.

Cost Price at 100% markup Gross profit Margin
$5.00$10.00$5.0050%
$10.00$20.00$10.0050%
$25.00$50.00$25.0050%
$50.00$100.00$50.0050%
$100.00$200.00$100.0050%
$250.00$500.00$250.0050%
$500.00$1,000.00$500.0050%
$1,000.00$2,000.00$1,000.0050%
$2,500.00$5,000.00$2,500.0050%
$10,000.00$20,000.00$10,000.0050%

Markups near 100%

From 90% to 110% markup the margin moves from 47.4% to 52.4%: each two-point step in markup is worth less than two points of margin at this level, and the gap widens as the markup grows. The multiplier column is what you type into a spreadsheet to price a cost list.

Markup Margin Price multiplier
90%47.4%1.9×
92%47.9%1.92×
94%48.5%1.94×
96%49%1.96×
98%49.5%1.98×
100%50%
102%50.5%2.02×
104%51%2.04×
106%51.5%2.06×
108%51.9%2.08×
110%52.4%2.1×

Worked example

Worked example. A product costs $42.00. Add 100%: $42.00 × 2 = $84.00. The gross profit is $84.00 − $42.00 = $42.00. As a share of cost that is 100% (the markup); as a share of price it is $42.00 ÷ $84.00 = 50% (the margin).

Why the two percentages differ

When you compare suppliers, make sure both quote the same measure. One quoting 100% markup and another quoting 50% margin are offering the identical deal; one quoting 100% margin is offering a much richer one.

When to use markup, when to use margin

A 100% markup is typical for categories where the seller adds little beyond stocking and handling: it leaves 50% of each sale to cover overheads. Categories with high service content usually need a higher markup to reach a margin that pays for the time involved.

Frequently Asked Questions

What is the formula to convert 100% markup to margin?

Margin = markup ÷ (100 + markup) × 100. For 100%: 100 ÷ 200 × 100 = 50%. To go the other way, markup = margin ÷ (100 − margin) × 100.

What selling price does a 100% markup give on a $42.00 cost?

$42.00 × (1 + 100/100) = $84.00. The gross profit is $42.00, which is 50% of the $84.00 price.

How much can I discount a product with 100% markup before I lose money?

At most 50%, because that is the margin. A discount larger than 50% of the price takes the sale below cost. A 10% discount leaves a margin of about 44.4%.

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