How to Calculate Percentage Markup Based on Selling Price

How to Calculate Percentage Markup Based on Selling Price

Markup based on selling price (also called margin-based markup) tells you what percentage of your final sale price is profit — a different calculation than markup based on cost, and easy to confuse with it. The formula Markup on selling price = (Selling price minus cost) divided by selling price, times 100. A product that … Read more