Markup Calculator

Calculate the selling price from a cost and markup percentage — and see the profit and profit margin. Essential for retail, e-commerce, and any business pricing products or services.

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Markup Calculator

Cost → price, profit & margin

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Selling Price
Cost
Profit
Profit Margin
Markup
Cost vs Profit

Markup vs Margin

Markup is how much you add to the cost of a product to set its selling price, expressed as a percentage of cost. Selling price = cost × (1 + markup%). A $50 item with a 40% markup sells for $70, giving a $20 profit. Markup and margin are often confused: markup is profit as a percentage of cost, while margin is profit as a percentage of the selling price. The same $20 profit on a $70 sale is a 40% markup but a 28.6% margin.

Understanding both is essential for pricing. Retailers typically think in markup when setting prices from supplier cost, but report profitability in margin. This calculator shows both so you can price confidently and compare to industry benchmarks — grocery markups run low (10–15%), while restaurants, jewelry, and apparel often use 50–300% markups to cover overhead.

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Markup Formula

Price = Cost × (1 + Markup%). Profit = Price − Cost. A 40% markup on $50 = $70 price, $20 profit.

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Markup ≠ Margin

Markup is % of cost; margin is % of selling price. 40% markup equals a 28.6% margin — never the same number.

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Typical Markups

Grocery 10–15%, apparel 100%+, restaurants 200–300% on food cost, jewelry up to 300%. Set yours to cover overhead and profit.

Formula & Logic

Markup is the amount added to cost to arrive at a selling price, expressed as a percentage of that cost. It is how pricing decisions are actually made — you know what an item cost you and need a price — whereas margin is how the result is reported. Because the two use different denominators they are never equal, and the divergence widens as profitability rises: a 20% markup is a 16.7% margin, but a 100% markup is a 50% margin. Retailers that set prices by markup and budget by margin need both numbers in front of them.

Selling price = Cost × (1 + markup%)Markup % = ((Price − Cost) ÷ Cost) × 100Margin % = ((Price − Cost) ÷ Price) × 100

where:

Cost
what the item cost you, landed
Selling price
what the customer pays
markup%
the uplift as a decimal in the first form (40% = 0.40)

Assumptions: Assumes cost is fully landed — including freight, duty and any per-unit handling. Marking up an ex-works price and forgetting shipping is the most common way a nominally profitable line loses money.

Step-by-Step Example: Pricing an Item That Cost $28

An item costs $24 ex-works with $4 of freight and duty, and the target markup is 65%.

  • Ex-works cost$24
  • Freight and duty$4
  • Landed cost$28
  • Target markup65%
  1. Establish the landed cost: $24 + $4 = $28. This, not $24, is the base.
  2. Apply the markup: $28 × (1 + 0.65) = $28 × 1.65 = $46.20.
  3. Find the gross profit: $46.20 − $28 = $18.20 per unit.
  4. Convert to margin: $18.20 ÷ $46.20 = 0.3939, or 39.39%.
  5. See the cost of the shortcut: marking up $24 instead would price at $39.60, leaving $11.60 — a third less profit.

ResultPrice $46.20 — 65% markup, 39.39% margin

Working backwards from a target margin instead: for a 50% margin on $28 of cost, price = $28 ÷ (1 − 0.50) = $56, which is a 100% markup. Deciding which of the two numbers your target refers to is the whole exercise.

FAQ

Markup is profit expressed as a percentage of cost; margin is profit as a percentage of the selling price. For a $50 cost sold at $70, the $20 profit is a 40% markup ($20 ÷ $50) but a 28.6% margin ($20 ÷ $70). Margin can never exceed 100%, but markup can.
Multiply the cost by (1 + markup as a decimal). For a 40% markup on a $50 cost: $50 × 1.40 = $70. The profit is the difference, $20. This calculator computes the price, profit, margin, and markup all at once.
It depends entirely on your industry and overhead. Grocery and electronics run thin markups (10–15%), while restaurants, apparel, and jewelry use much higher markups (100–300%) to cover labor, rent, and waste. The right markup is the one that covers all your costs and leaves your target profit.

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✔ Written & reviewed by Dr Sam — 20+ yrs in management & research leadership📅 Last updated June 2026📑 How we build & check these