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Selling Price Calculator

Enter the cost and the profit rate you want, and say whether it is on the price (margin) or on the cost (markup). You get the price before and with VAT, the profit per unit and both rates.

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Purchase or production cost before VAT, with each unit’s share of expenses.

Profit rate on

 

 

VAT

 

 

Selling price with VAT171.43₺including 20% VAT
  • Price before VAT142.86 ₺
  • Profit per unit42.86 ₺
  • Margin (on price)30%
  • Markup (on cost)42.86%
  • VAT28.57 ₺
  • Price with VAT171.43 ₺

VAT rates: GİB / Cumhurbaşkanlığı (CB kararı)

The same cost at other profit rates 6

How it is calculated

Two rates get mixed up in pricing. Margin is profit’s share of the selling price; markup is what is added to the cost. The same percentage as a margin gives a higher price, since a 30% margin means adding 42.86% to cost. The table shows the price at other rates and each margin as a markup. VAT is added on the price (VAT Law 3065 Art. 20) at the rate set under Art. 28; pick the rate for what you sell.

FormulaBy margin: Price = Cost ÷ (1 − Margin); by markup: Price = Cost × (1 + Markup); with VAT = Price × (1 + VAT rate)VAT rates come from the registry: standard 20%, reduced 10% and 1%. VAT is charged on the price before VAT.

Example

For a 30% margin on a ₺100 cost the price is 100 ÷ 0.70 = ₺142.86; a 30% markup gives ₺130. With 20% VAT, ₺142.86 × 1.20 = ₺171.43.

Frequently asked questions

Is adding 30% to cost a 30% margin?

No. Adding 30% to ₺100 gives ₺130 and ₺30 profit, a margin of 30 ÷ 130 = 23.08%. A 30% margin needs 100 ÷ 0.70 = ₺142.86.

How do I turn a margin into a markup?

Markup = Margin ÷ (1 − Margin). A 20% margin is 0.20 ÷ 0.80 = 25% markup; 50% margin is 100% markup. The other way, Margin = Markup ÷ (1 + Markup).

Is the margin taken on the price with VAT?

No, on the price before VAT. The VAT collected is not the seller’s revenue: find the net price first, then add VAT.

Source

Profit and Loss CalculatorFrom cost and selling price, work out the profit or loss, the margin, the markup, the net profit after expenses and the break-even price.Discount CalculatorWork out a sale price, the overall rate of successive discounts, the discount between two prices, the price before a discount and buy-X-pay-for-Y offers.Turkish VAT CalculatorAdd Turkish VAT (KDV) to a price or take it out of a VAT-inclusive one, at the current rates: VAT amount, net and gross price in one step.Price and Pay Raise CalculatorWork out the new amount after a percentage raise, the overall rate of successive raises, the raise between two amounts, the amount before and the real raise after inflation.

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