Markup Calculator
Calculate markup percentage, selling price, or cost.
Enter details to calculate markup.
What This Calculator Does
Pricing a product usually starts with one known value and one unknown one — you know what something costs you and want to know what to charge, or you know both prices and want to know the markup you're actually applying. Rather than force you through one fixed direction, this calculator has three interchangeable modes: give it cost and markup percentage to find the selling price, cost and selling price to find the markup percentage, or selling price and markup percentage to solve backward for cost.
How to Use It
Start by picking a Calculation Mode from the dropdown — the two input fields relevant to that mode are the ones you need to fill in (the third field, whichever value the mode is solving for, is ignored). Cost + Markup % solves for selling price, Cost + Selling Price solves for the markup percentage, and Selling Price + Markup % solves backward for cost. Whichever mode you use, the Markup Results panel always shows all four figures together — Cost Price, Selling Price, Markup Amount, and Markup % on Cost — so you can see the full picture regardless of which two values you started from.
The Formula
All three modes are algebraic rearrangements of the same relationship: Selling Price = Cost × (1 + Markup%). In Cost + Markup % mode, that's applied directly. In Cost + Selling Price mode, it's solved for the percentage instead: Markup % = (Selling Price − Cost) ÷ Cost. In Selling Price + Markup % mode, it's solved for cost: Cost = Selling Price ÷ (1 + Markup%).
Markup here is always calculated on cost, not on selling price — that's the distinction between markup and margin. A markup percentage and a margin percentage on the same transaction are never the same number (a $50 profit on a $100 cost is a 50% markup, but only a 33.3% margin on the $150 selling price), so don't expect this tool's Markup % on Cost figure to match a margin calculation done elsewhere on the same numbers.
A Worked Example
In Cost + Markup % mode, a $100 cost with a 50% markup gives a Markup Amount of $50.00 and a Selling Price of $150.00. Switch to Cost + Selling Price mode and enter an $80 cost with a $100 selling price, and the calculator works the same relationship in reverse: a $20.00 markup amount, which is 25% of the $80 cost. Finally, in Selling Price + Markup % mode, entering a $150 selling price at a 50% markup solves back to a $100.00 cost — the exact inverse of the first example, since $100 cost at 50% markup was what produced $150 selling price in the first place.
FAQ
- What markup should I use?
- Common retail markups range from 50% to 100%, but this varies by industry. Experiment with different percentages.
- How is markup different from margin?
- Markup is based on cost (profit ÷ cost). Margin is based on selling price (profit ÷ selling price).