[vc_row][vc_column][vc_column_text]
Markup Calculator
[/vc_column_text][vc_column_text el_class=”design_spec_box_ark”]
To use this online markup calculator just enter the cost price ($) of the product and the selling price ($) you want to sell at. The result will be the markup percentage.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_raw_html]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[/vc_raw_html][/vc_column][vc_column width=”1/2″][vc_column_text]To calculate the markup percentage use the formula:
Markup Percentage = (Selling Price – Cost) / Cost x 100
- Take the sales price and subtract the unit cost. This gives you the markup amount.
- Then take the markup amount and divide it by the unit cost.
- Finally, multiply by 100 to get the markup percentage.
Example Calculation
For example, if a product costs $50 to make and the selling price is $75, the markup percentage would be:
($75 – $50) / $50 = 0.50 0.50 x 100 = 50%
So in this case, the markup percentage is 50%.
Markup percentage allows retailers to understand how much they are increasing prices over costs and manage pricing decisions to maximize sales and profits.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
Selling Price Calculator
[/vc_column_text][vc_column_text el_class=”design_spec_box_ark”]
Use this Selling Price Calculator to enter the cost price ($) and the target markup (%). The result will be the selling price ($)
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_raw_html]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[/vc_raw_html][/vc_column][vc_column width=”1/2″][vc_column_text]To calculate the selling price from the markup use this formula:
Selling Price = Cost + (Cost × Markup Percentage)
- Determine the cost of the product or service (the cost to the business).
- Decide on the desired markup percentage. The markup percentage is the profit as a percentage of the cost.
- Finally, add the cost price and the markup in dollars to get the selling price.
Example Calculation
For example, if the cost of the product is $50 and the desired markup is 40%:
Selling Price = $50 + ($50 × 0.40)
= $50 + $20
= $70
So if the cost is $50 and the markup is 40%, the selling price should be $70.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_wp_text]
[/vc_wp_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]
What is the formula to calculate retail markup?
The retail markup formula is: Markup = (Price – Cost) / Cost
What is considered a good retail markup percentage?
While there is no universally ideal markup percentage, many businesses aim for a 50% markup, also known as “keystone” pricing. This means charging a price 50% higher than the cost of the item. Markup percentages can vary significantly by industry. Retail grocers typically have markups under 15%, while restaurants may markup food by 60% and some beverages by up to 500%.
How do you calculate the selling price given the cost and markup?
The formula to calculate the selling price is: Selling Price = Cost + (Cost x Markup)
How do you calculate the selling price with a 20% markup?
To calculate the selling price with a 20% markup, multiply the original cost by 1.2. For example, if a product costs $50 to make, the selling price with a 20% markup would be $50 x 1.2 = $60.
What is the difference between retail margin and retail markup?
- Retail margin is the profit as a percentage of the selling price: Margin = (Price – Cost) / Price
- Retail markup is the profit as a percentage of the cost: Markup = (Price – Cost) / Cost
How do you calculate successive markups?
When there are multiple markups applied, you can use the formula: Successive Markup = X + Y – (XY)/100, where X is the first markup percentage and Y is the second markup percentage.
What are some common retail markup strategies?
Common strategies include cost-plus pricing, value-based pricing, competitive pricing, promotional pricing, and keystone pricing[/vc_column_text][/vc_column][/vc_row]
