Markup Calculator
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Understanding Markup vs. Margin
Markup and margin are two different ways to calculate pricing:
- Markup: Percentage added to the cost price
- Margin: Percentage of the selling price
Common Markup Percentages
- Retail: 50-100%
- Luxury Items: 100-200%
- Wholesale: 20-40%
- Grocery: 15-40%
Formulas Used
- Selling Price: Cost + (Cost × Markup%)
- Markup Amount: Selling Price - Cost
- Margin%: (Markup Amount ÷ Selling Price) × 100
- Markup%: (Markup Amount ÷ Cost) × 100