🏷️ Markup Calculator
Calculate markup percentage, selling price, gross margin, and profit per unit.
Markup Calculator
This tool calculates key pricing metrics for any product or service. In the first mode, enter cost and selling price to find the markup percentage, gross margin, and profit per unit. In the second mode, enter cost and desired markup to calculate the selling price. Understanding markup is essential for setting profitable prices.
Frequently Asked Questions
What is the difference between markup and margin?
Markup is calculated on cost price: (Selling Price - Cost) / Cost × 100. Margin is calculated on selling price: (Selling Price - Cost) / Selling Price × 100. Markup is always higher than margin for the same transaction.
How do I calculate markup percentage?
Subtract the cost from the selling price to get the profit, then divide the profit by the cost and multiply by 100. For example, if cost is $40 and selling price is $60: (60 - 40) / 40 × 100 = 50% markup.
What is a typical markup for retail?
Retail markups vary widely by industry. Grocery stores typically mark up 25-30%, clothing retailers 50-100%, electronics 10-30%, and restaurants 200-300% on food and beverages. Luxury goods can have markups of 500% or more.