Markup Calculator

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Markup Calculator


Our Markup Calculator is an essential tool for determining the selling price of goods or services based on desired profit margins.

What is Markup?

Markup refers to the percentage added to the cost price of goods to cover overhead and profit, a common practice in retail and other industries.

Uses of the Markup Calculator

  • Retail Pricing
  • Business Analysis
  • Budgeting and Planning

Who Uses This Calculator?

  • Retailers and Wholesalers
  • Small Business Owners
  • Financial Analysts
  • Sales and Marketing Professionals

The Markup Calculation Formula

The formula to calculate the markup percentage is:

\[ \text{Markup Percentage} = \left( \frac{\text{Selling Price} - \text{Cost Price}}{\text{Cost Price}} \right) \times 100 \]

Frequently Asked Questions

How do you calculate markup?

Markup is calculated by dividing the difference between the selling price and the cost price by the cost price, then multiplying by 100.

How do you calculate a 20% markup?

A 20% markup is calculated by multiplying the cost price by 1.20.

What is a 30% markup?

A 30% markup means the selling price is 30% higher than the cost price.

What is 40% markup rate?

A 40% markup rate means the selling price is 40% more than the cost price.

How to calculate margin?

Margin is calculated by subtracting the cost price from the selling price, dividing the result by the selling price, then multiplying by 100.

What is a 100% markup?

A 100% markup doubles the cost price, making the selling price 100% more than the cost.

What is selling price formula?

The selling price formula is: Selling Price = Cost Price + (Cost Price × Markup Percentage).

How do I calculate markup in Excel?

In Excel, use the formula: =(Selling Price - Cost Price)/Cost Price to calculate the markup percentage.

How to calculate percentage?

To calculate percentage, divide the part by the whole and then multiply by 100.