Markup Calculator
Calculate the markup percentage from cost and selling price, or determine the selling price based on your desired markup percentage. Useful for pricing products and understanding profit per unit.
Markup Calculator
FAQ
What is the difference between markup and margin?
Markup is calculated as a percentage of the cost (Markup = (Price - Cost) / Cost), while margin is calculated as a percentage of the selling price (Margin = (Price - Cost) / Price). A 50% markup equals a 33.3% margin.
How do I calculate markup percentage?
Markup percentage = ((Selling Price - Cost) / Cost) x 100. For example, if an item costs $50 and sells for $75, the markup is ((75-50)/50) x 100 = 50%.
What markup should I use for my products?
Typical markups vary by industry: retail clothing often uses 50-100%, restaurants 200-300% on food, and electronics 5-50%. Consider your operating costs, competition, and target market when setting markup.