How Do I find the retail price with a percent markup? Part of the Math Series of questions, How Do I...
This calculator requires the use of Javascript enabled and capable browsers. This page and calculator are a combined answer to the question, "How Do I find the retail price with a percent markup?"
This question came to us from a merchant in Cathedral City, California. There are many different ways to come to a retail price for the customer. This particular method takes the entire cost (all factors included), takes a defined percentage of that (as markup) added to the cost, and that resulting value is the retail price. Enter the cost and your desired markup percentage as a whole number (10 = 10% or .10) and click on Calculate. You may click on Clear Values to do another.
Why and how? The generally accepted formula for this (the one this calculator uses) is:
Retail = cost + (markup percentage x cost)
An alternative to that is to designate the cost amount as 100% and add the markup percentage to it. For example if your cost is $10.00 and you wish to markup that price by 40%, 100% + 40% = 140%. Multiply the $10.00 cost by 140% and get the retail price of $14.00.
You may also wish to visit our Retail Sales Calculator. Click here to return to the Math - How Do I - Converters and Calculators Menu.
If you have a problem with a math related real world issue and after a reasonable effort on your part you STILL cannot resolve it, send us a note fully explaining the problem and the steps you have tried to resolve it. We will try to help, not only with the answer but the how and why as well. (No we won't do your homework for you...) Use the Contact link at the bottom of the page.
Version 1.1.9
|
|