Markup Calculator
Running a business or selling a product? Pricing can feel like a puzzle sometimes—how much should you charge to cover costs and still make a profit? The Markup Calculator is here to take the guesswork out of the equation. Simply plug in your cost and desired markup percentage, and voilà! You’ll get the perfect selling price in seconds. Whether you're pricing handmade crafts, retail goods, or services, this tool ensures you’re always on top of your numbers—no math degree required. Say goodbye to pricing headaches and hello to confident decisions!
Calculate the selling price based on cost and markup percentage.
Selling Price: $0.00
Here’s how the Markup Calculator works:
The tool uses a simple formula to determine the selling price:
Selling Price = Cost + (Cost × Markup Percentage / 100)
For example, if your product costs $50 and you want a 20% markup, the selling price would be:
$50 + ($50 × 20 / 100) = $60
Below is a quick reference table showing how different markup percentages affect the selling price for a $50 product:
| Markup Percentage | Selling Price |
|---|---|
| 10% | $55.00 |
| 20% | $60.00 |
| 30% | $65.00 |
| 40% | $70.00 |
| 50% | $75.00 |
| 60% | $80.00 |
| 70% | $85.00 |
| 80% | $90.00 |
| 90% | $95.00 |
| 100% | $100.00 |
Here are 10 common scenarios where the Markup Calculator comes in handy:
- Pricing handmade crafts or art for an online store.
- Determining the selling price for retail products.
- Calculating service fees for freelancers or consultants.
- Setting menu prices for a restaurant or café.
- Figuring out resale prices for second-hand items.
- Planning profit margins for a small business.
- Adjusting prices during sales or promotions.
- Estimating costs for event planning services.
- Pricing subscription boxes or memberships.
- Teaching students or employees about pricing strategies.