Markup Calculator
Calculate markup amount, markup percentage, or selling price using cost and price inputs. This calculator is useful for pricing products, services, and retail items.
Enter the base cost of the product or service.
Enter a selling price if you want to calculate markup from cost and price.
Enter a markup percentage if you want to calculate selling price from cost.
How This Calculator Works
This markup calculator compares cost and selling price to find the markup amount and markup percentage. It can also work in reverse by using cost and a target markup percentage to estimate a selling price.
Formula
Markup Percentage = (Selling Price - Cost) / Cost * 100
Example
If a product costs $40 and sells for $60, the markup amount is $20. The markup percentage is 50% because $20 divided by $40 equals 0.50.
Frequently Asked Questions
What is markup?
Markup is the amount added to the cost of a product or service to determine the selling price.
What is the difference between markup and margin?
Markup is based on cost, while margin is based on selling price. They are related but not the same percentage.
Can markup be negative?
Yes. If the selling price is below cost, the result is a negative markup, which means you are selling at a loss.
Why do businesses use markup?
Businesses use markup to cover expenses and generate profit on products or services they sell.
Can I use this for services too?
Yes. This calculator works for both products and services as long as you know the cost and target price or markup.