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formula sa mark up price

Sagot :

Gross profit and profit margin are closely related terms, but are not the same as markup. To calculate the markup amount, use the formula markup = gross profit/wholesale cost. If you know the wholesale cost and the markup percentage, then calculating the gross profit just involves multiplying those two numbers.

Answer:

Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.