finance Verified Precision Tool
Markup Calculator
Calculate retail selling prices, gross profit, and markup percentages from cost.
Selected: US Dollar ($)Financial Calculation Solution
Selling Price = $120.00
Profit: $20.00
Mathematical Formula
Selling Price = Cost * (1 + Markup / 100)
Overview & Explanation
Markup is the percentage added to cost price to establish a profitable retail selling price.
How It Works
- Multiply cost by markup percentage to find profit amount.
- Add profit to cost.
Practical Applications
- Pricing retail inventory.
- E-commerce product pricing strategy.
Worked Example: 40% markup on $50 cost
Find selling price.
1
Profit Amount
50 * 0.40
= $20
2
Selling Price
50 + 20
= $70
Frequently Asked Questions
What is the difference between markup and margin?
Markup is percentage of cost added, whereas margin is percentage of final selling price that is profit.
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