Enter the total margin profit ($) and the total costs ($) into the Percent Margin Calculator. The calculator will evaluate and display the Percent Margin.
Percent Margin Formula
The following formula is used to calculate the Percent Margin.
PM = MP / TC * 100
- Where PM is the Percent Margin (%)
- MP is the total margin profit ($)
- TC is the total costs ($)
How to Calculate Percent Margin?
The following example problems outline how to calculate Percent Margin.
Example Problem #1:
- First, determine the total margin profit ($).
- The total margin profit ($) is given as: 56.
- Next, determine the total costs ($).
- The total costs ($) is provided as: 150.
- Finally, calculate the Percent Margin using the equation above:
PM = MP / TC * 100
The values given above are inserted into the equation below and the solution is calculated:
PM = 56 / 150 * 100 = 37.33 (%)
Example Problem #2:
For this problem, the variables required are provided below:
total margin profit ($) = 67
total costs ($) = 891
Test your knowledge using the equation and check your answer with the calculator above.
PM = MP / TC * 100 = ?
