Product price markup showing wrong

Follow

Sridevi Tejasvani

• September 03, 2019 10:52

Im adding a new product, selling price is 150, cost is 112.5, so markup should be 25% but in aronium markup is showing as 33.33%, am i missing something or is this a bug?

 

sri

1

• 

  Roma ROsoMAha

  • September 04, 2019 07:08

  Markup calculates as selling price/cost
  If you calculate it in calculator you will see 1.33333333333333

  0

  Comment actions Permalink
• 

  Aronium Support

  • September 04, 2019 14:48
  • Edited

  Thanks @Roma, you are right.

  @Sridevi, please don't mix markup with margin.

  Here are the examples (you can find descriptions of markup and margin there, too):

  • Markup (33.33%) 
    https://www.omnicalculator.com/finance/markup?c=USD&v=cost:112.5,revenue:150
  • Margin (25%) 
    https://www.omnicalculator.com/finance/margin?c=USD&v=cost:112.5,revenue:150

  Hope this helps.

  Thanks, Aronium team.

  0

  Comment actions Permalink

Please sign in to leave a comment.