Mark Up Calculator
Mark Up Calculator Explained:
a) What is this? These calculators tell you the Mark-Up in $ and %
b) What does this tell me? How much money you have made in as measured by Mark Up% and $.
c) Why should I use it? Mark-Up is a method commonly used to determine what price a Retailer should sell at. Mark-Up % refers to how much money you add onto the product from your purchase price. This method of pricing is used primarily by apparel and shoe retailers these days. It tells you how much you have added on to the cost price.
(d) Caution: Be careful not to confuse Mark Up and GP. Both are referred to as margin. Be sure you know what calculation method is being referred to. This calculator doesn't tell you to increase or decrease mark-up's, it simply tells you what they are. All margin calculations exclude GST/VAT and any other taxes.
Mark Up Calculator 1
Where cost and sell price are known
Mark Up Calculator 2
Where cost and markup % are known