How this markup calculator works
This markup calculator measures how much profit you add on top of your cost. It can also estimate the selling price needed to reach a target markup or a target dollar profit.
Markup is one of the most common pricing tools in retail, ecommerce, wholesale, and services because it is based directly on cost. This tool also shows profit margin so you can compare both metrics.
What does markup mean?
- Markup: Profit divided by cost
- Profit: Selling price minus cost
- Profit margin: Profit divided by selling price
- Total profit: Profit per unit multiplied by units sold
Common uses
- Set a selling price from a target markup
- Check whether your markup is high enough
- Compare markup and margin
- Estimate total profit across many sales