Enter the total cost ($) and the desired markup (%) into the Markup Price Calculator. The calculator will evaluate and display the Markup Price. 

Markup Price Formula

The following formula is used to calculate the Markup Price. 

MP = TC + TC*MU/100
  • Where MP is the Markup Price ($)
  • TC is the total cost ($) 
  • 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 = ?