Home

Markup and Margin Calculator (Gambia)

Price a job from your cost, see the markup and the margin side by side, and get the VAT figure that goes on the invoice. Everything runs on your device.

  • D GMD
  • VAT 15%
  • TIN
  • A4
  • English
Work from

Charge

D 1,400.00

excluding VAT

Cost
D 1,000.00
Profit
D 400.00
VAT at 15%
D 210.00
Total on the invoice
D 1,610.00

That is a 40% markup and a 28.57% margin.

Turn this into a quotation

Price rules that affect your markup

The Gambia Competition and Consumer Protection Commission administers the Consumer Protection Act 2014, which sets no maximum prices for ordinary goods but regulates how prices are shown and used. Section 8(1)(h) says the price of any goods or services must be indicated clearly and unmistakably.

Section 11(2) bans a trade practice that manipulates prices or delivery conditions, or affects the flow of supplies, so as to impose unjustified costs on consumers. When a tribunal decides whether conduct is unconscionable it may consider whether the price charged grossly exceeds the market price (section 11(4)(b)).

Under section 12(10), a supplier must not advertise goods or services that it does not intend to offer in reasonable quantities at the advertised price, so a markup calculator should be used to set a price you can actually honour.