Enter the cost price and the wholesale price into the calculator to determine the wholesale percentage. This calculator helps in understanding the markup from cost to wholesale price.
Wholesale Percentage Formula
The following formula is used to calculate the wholesale percentage.
WP = ((WP - CP) / CP) * 100
Variables:
- WP is the wholesale percentage (%)
- CP is the cost price ($)
- WP is the wholesale price ($)
To calculate the wholesale percentage, subtract the cost price from the wholesale price, divide by the cost price, and then multiply by 100 to get the percentage.
What is a Wholesale Percentage?
Wholesale percentage represents the markup percentage from the cost price to the wholesale price. It is a measure of the increase in price and is used by wholesalers to determine their selling price while ensuring a profit margin. This percentage is crucial for businesses to cover costs and generate profit.
How to Calculate Wholesale Percentage?
The following steps outline how to calculate the Wholesale Percentage.
- First, determine the cost price (CP) in dollars.
- Next, determine the wholesale price (WP) in dollars.
- Next, gather the formula from above = WP = ((WP – CP) / CP) * 100.
- Finally, calculate the Wholesale Percentage (WP) in percent.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
cost price (CP) = $50
wholesale price (WP) = $75
