How to calculate markup percentage?

[zaasmi]

anybody can explain the how to calculate the markup?

[moaaz]

@zaasmi my pleasure bro @zaasmi

[zaasmi]

Thanks for sharing @moaaz

[moaaz]

Markup formula is simple way to calculate
The market up formula is as under mentioned please:

Markup % = (Total Selling Price – Cost) / Cost x 100

Where the markup formula is dependent on,

Total Selling Price = The Total Sale Price

Cost = The Cost of The Good

Example:

Total Selling Price is = 150
Cost = 120

Markup % = 150-120 = 30
~ = 30/120 = 0.25
~ = 0.25 x 100 = 25
Markup % = 25 %