Calculate the ideal markup price on your products.
Your calculation result will show up here.
The selling price will be:
Your profit will be:
What is markup?
Markup is the percentage or amount added to the cost of a product or service to determine its selling price, calculated by dividing the difference between the selling price and cost by the cost, then multiplied by 100. The basic rule of a successful business model is to sell a product or service for more than it costs to produce or provide it. Markup provides businesses with a crucial avenue to cover expenses, generate profit, and reinvest in growth, ultimately ensuring sustainability and long-term success.
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