Calculate markup percentage, profit, and selling price easily.
Markup is the difference between the cost price of a product and its selling price. Businesses use markup to determine the selling price and ensure profitability.
Markup (%) = (Profit ÷ Cost Price) × 100
Where:
If the cost price is ₹100 and selling price is ₹150:
Markup is based on cost price, while margin is based on selling price.
Markup helps businesses set selling prices that cover costs and generate profit.
No. Different industries use different markup percentages depending on competition, costs, and demand.