🟧 CONVERSION: MARKUP ↔ MARGIN

Question 1

Convert Markup % into Margin % using the formula: Margin = Markup ÷ (1 + Markup). What is the formula for Margin?

Answer 1

Margin = Markup ÷ (1 + Markup)

This formula allows you to calculate the margin percentage from the markup percentage.

Question 2

Convert Margin % into Markup % using the formula: Markup = Margin ÷ (1 − Margin). What is the formula for Markup?

Answer 2

Markup = Margin ÷ (1 − Margin)

This formula allows you to calculate the markup percentage from the margin percentage.