---
agentTools:
  projectIndex: https://docs.sumoquote.com/llms.txt
---

# Margin vs. Markup

> 👍 PRO TIP
>
> * **Margin** = Profit as a percentage of overall revenue\
>   *Example: 35% of our revenues were profit).*
> * **Markup** = Percentage profit increase over the cost of goods/services sold\
>   *Example: We added 35% to our total costs to give us our profit.*

## Choosing Margin or Markup Language

You can select whether you would like to use Margin or Markup language across your entire SumoQuote account.

1. Go to **Configuration** > **Account Settings** > **Products & Pricing**
2. Click on **Edit** under the **Profit setting**.
3. Toggle either **Use margin** or **Use markup** on by clicking on the one you want to use.
4. Click **Save**.