Markup Calculator

Enter the cost price and either a markup percentage or the desired profit to find the selling price.

The formula

From a markup percentage: Selling price = Cost × (1 + Markup ÷ 100)
Profit = Selling price − Cost
From a target profit: Selling price = Cost + Profit
Markup = Profit ÷ Cost × 100
Cost
What the unit costs you, landed — purchase price plus freight, duty and anything else needed to have it ready to sell.
Markup
The percentage you add on top of cost. Fill in this field or the profit field.
Profit
A target profit per unit in currency, for when you think in cash rather than percentages.

Worked example

A unit that lands at 42, priced two ways: at a 65 percent markup, and to a target profit of 30.

A 65 percent markup prices at 69.30 and earns 27.30. Wanting 30 of profit means a 72.00 price, which is a 71.43 percent markup.

How to use it

  1. Enter the cost. Use the landed cost of one unit — purchase price plus freight, duty and anything else needed before you can sell it.
  2. Fill in either markup or target profit. Type a percentage in the markup field, or leave it blank and put a cash figure in the profit field instead.
  3. Press Calculate. The results panel returns the selling price, the markup percentage and the profit per unit.
  4. Convert to a margin if anyone else needs the number. Read the margin off the first table below — accountants, investors and marketplace fee schedules almost always mean margin, not markup.

Markup to margin conversion table

Every row uses a cost of 100 so the price and profit columns can be read as percentages of cost. Margin = markup ÷ (100 + markup) × 100.

MarkupSelling priceProfitMargin
10%110.0010.009.09%
15%115.0015.0013.04%
20%120.0020.0016.67%
25%125.0025.0020.00%
30%130.0030.0023.08%
40%140.0040.0028.57%
50%150.0050.0033.33%
60%160.0060.0037.50%
75%175.0075.0042.86%
100%200.00100.0050.00%
150%250.00150.0060.00%
200%300.00200.0066.67%

The margin column is always the smaller number, and the gap widens as the markup grows. That is the whole reason the two get confused in the first place.

Working backwards from the margin you need

If a lender, a marketplace or your own P&L has given you a margin to hit, this is the markup that produces it. Markup = margin ÷ (100 − margin) × 100, again on a cost of 100.

Target marginMarkup requiredSelling price
10%11.11%111.11
15%17.65%117.65
20%25.00%125.00
25%33.33%133.33
30%42.86%142.86
40%66.67%166.67
50%100.00%200.00
60%150.00%250.00
70%233.33%333.33

A margin of one third needs a markup of exactly 50 percent. Past a 50 percent margin the required markup climbs steeply, which is why high-margin categories look so aggressively priced against cost.

Markup and margin answer different questions

Markup is measured against your cost; margin is measured against your price. The 69.30 price above carries a 65 percent markup and a 39.4 percent margin — 27.30 ÷ 69.30. Suppliers and buyers usually talk in markup because they start from cost. Accountants and investors talk in margin because they start from revenue. Quoting one number in the other’s language is how businesses end up with a price that looks healthy and a P&L that is not.

Converting between them

Margin = Markup ÷ (100 + Markup) × 100. Markup = Margin ÷ (100 − Margin) × 100. A 50 percent markup is a 33.3 percent margin; a 50 percent margin needs a 100 percent markup. Keep those two reference points in mind and most conversions can be sanity-checked instantly.

Landed cost is the input that gets this wrong

Using the invoice price alone and ignoring freight, import duty, returns and the share of stock that never sells inflates every downstream number. Build the cost figure first and be honest about it — a markup applied to an understated cost is not a markup at all, and it is the usual explanation for a business with good-looking prices and no cash.

Choosing a markup at all

The percentage is not something to inherit from a rule of thumb. It has to cover your operating costs across expected volume and leave a return, so the sequence is: estimate units, total your fixed costs, divide to get fixed cost per unit, add the profit you want, and express that sum as a percentage of cost. That produces a markup you can defend rather than one you copied.

Where to go next

Common questions

What happens if I fill in both markup and target profit?

The markup percentage takes priority. The calculator checks the markup field first and only uses the profit field when no valid markup is present. Clear the markup if you want to price from a target profit.

Is a 100 percent markup the same as a 100 percent margin?

No, and a 100 percent margin is impossible. A 100 percent markup doubles the cost — a 42 unit sells for 84 — which is a 50 percent margin. A 100 percent margin would mean the item cost nothing.

Should the markup be the same on every product?

It rarely should be. Items that turn over quickly, are easy to store and are heavily shopped tend to carry lower markups; slow-moving, bulky or specialist items carry more because they tie up space and capital for longer. A single blanket percentage across a catalogue tends to overprice the things customers compare and underprice the things they do not.

Why does the calculator need a cost above zero?

Markup is expressed as a percentage of cost, so with a cost of zero the percentage is undefined and any price would represent infinite markup. If you genuinely have a zero-cost item, price it from a target profit instead — the price is simply the profit.

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