How to Calculate Markup
Calculate selling price based on cost and markup.
The Formula
Selling Price = Cost × (1 + Markup%)The markup formula uses the mathematical relationship: Selling Price = Cost × (1 + Markup%). Each variable in the formula represents a measurable quantity that affects the final result.
Step-by-Step Method
- 1Identify all input values needed for the markup calculation.
- 2Substitute your known values into the formula: Selling Price = Cost × (1 + Markup%).
- 3Perform the arithmetic operations in the correct order (PEMDAS/BODMAS).
- 4Check that your result has the correct units and is within a reasonable range.
- 5Verify using the interactive Markup Calculator to confirm your answer.
Related Topics
markupcostprice
Use the Interactive Calculator
Skip the manual math — get instant results with our free Markup calculator.