• TC is the total cost ($) • MU is the desired markup (%) ## How to Calculate Markup Price? The following example problems outline how to calculate Markup Price. Example Problem #1: 1. First, determine the total cost ($).
1. The total cost ($) is given as: 75. 2. Next, determine the desired markup (%). 1. The desired markup (%) is provided as: 33.33. 3. Finally, calculate the Markup Price using the equation above: MP = TC + TC*MU/100 The values given above are inserted into the equation below: MP = 75 + 75*33.33/100 = 100.00 ($)

Example Problem #2:

For this problem, the variables needed are provided below:

total cost (\$) = 80

desired markup  (%) = 20

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

MP = TC + TC*MU/100 = ?