GPM % and Mark-up % are defined as:
GPM % = | Retail – Cost Price | Profit |
Mark-up % = | Retail Price – Cost Price | Profit |
This table shows what the mark-up on the cost percentage must be to give the desired gross profit margin percentage (GPM %).
Mark-Up % | Gross Profit % |
5% | 4.8% |
10% | 9.0% |
15% | 13.0% |
20% | 16.7% |
25% | 20.0% |
30% | 23.1% |
35% | 26.0% |
40% | 28.5% |
45% | 31.0% |
50% | 33.3% |
55% | 35.5% |
60% | 37.5% |
65% | 39.5% |
70% | 41% |
75% | 42.8% |
80% | 44.4% |
85% | 46.1% |
90% | 47.5% |
95% | 48.7% |
100% | 50.0% |
122.2% | 55.0% |
150% | 60.0% |
185.7% | 65.0% |
200% | 66.67% |
212.5% | 68% |
233.3% | 70.0% |