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Sales Markdown Calculator

This calculator requires the use of Javascript enabled and capable browsers. This script calculates the sales retail markdown from a price in three different and distinct methods. The first is a flat rate dollar amount subracted from the price. For instance if you sell goods at $3.00 per unit normally and wish to discount each by $1.35, it calculates a retail sales markdown price of $1.65 by subtraction. The second is by points. Your normal price is again $3.00 per unit and you wish to mark them down by 30 points; it calculates $1.71 as the marked down retail. The formula is (price - (price / (1.00 - .points) - price)) where ".points" is a decimal from 1 to 99. The third is a percentage of price markdown. Your normal sales price is again $3.00 and you wish to mark each item down by 30%; it calculates to $2.10 as the marked down sales price. The formula is (price - (price x percent)).

Enter the item price and the markdown value (no matter if it is percent, flat amount or points). Click the appropriate Calculate button; read the retail sales price and confirm the method of calculation. You may click on Clear Values and do another. (You do NOT enter the decimal for points; use the number of points you wish from 1 to 99. You MAY enter a decimal for a flat rate amount. You MAY enter a decimal for percent in that IF you wish to have 30 and a half percent as the markdown value, it would be entered 30.5 in the markdown value field.

Sales Markdown Calculator

Retail Sales Markdown Calculator
Required Data Entry
Item Price
Markup Value

Calculated Results
Marked Down Sales Price
Updated: 7/26/11

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