Markup Calculator
Calculate markup percentages and selling prices.
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Table of Contents
Markup Formula
Markup is the difference between the cost of a product and its selling price, expressed as a percentage of the cost.
Selling Price = Cost + Markup Amount
How to Calculate Markup
To calculate markup, follow these steps:
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1Determine the cost of the product
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2Decide on the desired markup rate
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3Calculate the markup amount by multiplying cost by markup rate
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4Add the markup amount to the cost to get the selling price
For example, if you have a product that costs $100 and want a 50% markup:
Selling Price = $100 + $50 = $150
Markup - Practical Examples
Example 1 Retail Clothing
A clothing item costs $50 and has a 100% markup.
Markup Amount = $50 × (100 / 100) = $50
Selling Price = $50 + $50 = $100
Example 2 Electronics
A smartphone costs $500 and has a 30% markup.
Markup Amount = $500 × (30 / 100) = $150
Selling Price = $500 + $150 = $650
Example 3 Luxury Items
A luxury watch costs $1000 and has a 200% markup.
Markup Amount = $1000 × (200 / 100) = $2000
Selling Price = $1000 + $2000 = $3000