Enter your cost
What the item or service costs you to produce or acquire.
Enter your cost and desired markup percent to get the sale price, profit and resulting margin, instantly.
What the item or service costs you to produce or acquire.
The percentage you want to add on top of cost to reach a sale price.
See exactly how that markup translates into a profit margin percentage.
Sale price equals cost multiplied by (1 plus markup percent divided by 100). For example, a 50% markup on a $40 cost gives a $60 sale price.
Markup is calculated on cost while margin is calculated on the higher sale price, so for the same profit the margin percentage is always smaller than the markup percentage.
It depends on your industry, expenses and desired profit, common retail markups range widely, so use whatever number reflects your business's costs and goals.