# Markup Calculator

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## Markup Calculator

This markup calculator shows you how to compute the markup amount and percentage given the selling price and cost of purchase.

Here is a preview of the markup calculator:

The markup percentage is a concept commonly used in managerial/cost accounting work and is equal to the difference between the selling price and cost of a good, divided by the cost of that good. Markup percentages are especially useful in calculating how much to charge for the goods/services that a company provides its consumers. A markup percentage is a number used to determine the selling price of a product in relation to the cost of actually producing the product. The number expresses a percentage above and beyond the cost to calculate the selling price. Markups are common in cost accounting, which focuses on reporting all relevant information to management to make internal decisions that better align with the company’s overall strategic goals.

The markup formula is as follows:

Markup % = (selling price – cost) / cost x 100

where the markup formula is dependent on,

Selling Price = the final sale price

Cost = the cost of the good

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CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or looking for a career change, the CFI website has many free resources to help you jumpstart your Career in Finance. If you are seeking to improve your technical skills, check out some of our most popular courses. Below are some additional resources for you to further explore:

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CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI’s mission is to help all professionals improve their technical skills. If you are a student or looking for a career change, the CFI website has many free resources to help you jumpstart your Career in Finance. If you are seeking to improve your technical skills, check out some of our most popular courses. Below are some additional resources for you to further explore:

## The Financial Modeling Certification

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