This calculator helps you determine the selling price based on the cost of the product and the desired markup percentage.
Learn how to use the Markup to Profit Calculator and its working principles
Markup is the amount added to the cost price of a product to cover overheads and generate profit. The selling price is calculated by multiplying the cost by (1 + Markup Percentage / 100). For example, if the cost is $50 and the markup percentage is 20%, the selling price will be $60.
If you have a product that costs $50 and you want to make a 20% markup, the selling price would be:
Selling Price = $50 × (1 + 20/100) = $50 × 1.20 = $60