Markup Calculator

Calculate product markup, selling price, and profit margin. Essential for businesses to set competitive prices and ensure profitability.

Pricing Details

$
$0 $1k
%
0% 500%
%
0% 99%
Calculated automatically from markup
Selling Price
$150.00
Based on 50% markup
Markup Amount
$50.00
Profit Margin
33.33%
Cost
$100.00
Gross Profit
$50.00

Pricing Breakdown

Pricing Strategy Tips

Understand your target market and their willingness to pay.
Analyze competitor pricing to stay competitive.
Consider psychological pricing (e.g., $9.99 instead of $10.00).
Factor in all costs, including overhead and marketing.

Understanding Markup and Profit Margin

How to Use the Calculator

Enter the cost of your product or service, adjust the markup percentage to your desired level. The calculator will automatically show the selling price and profit margin.

Markup vs Profit Margin

Markup is the percentage added to cost to determine selling price. Profit margin is the percentage of selling price that is profit. Understanding both helps in pricing decisions.

Pricing Strategies

Consider market conditions, competition, and customer value perception when setting prices. Different products may require different markup strategies.