Markup Calculator

Markup pricing is the simplest way to price a product: take the cost, add a percentage, sell. This markup calculator gives you the selling price, the profit per unit and — critically — the profit margin that markup actually produces.

Because margin and markup diverge as percentages grow, always check the margin column before committing to a price list.

Enter valid values to see the results.

Formula

Price = Cost × (1 + Markup ÷ 100). Margin = Markup ÷ (100 + Markup)

The margin produced by a markup is always smaller: margin = markup ÷ (100 + markup). A 100% markup (doubling the cost) yields exactly a 50% margin.

What you need

  1. Cost: your full unit cost — product, packaging, inbound shipping and payment fees if they scale per unit.
  2. Markup: the percentage added on top of cost. Retail markups commonly run 50–100% (keystone pricing is 100%).
  3. Check the resulting margin against your overheads: the margin must cover rent, wages, marketing and still leave profit.

Worked example

A candle costs $40 to make and you apply a 60% markup: price = 40 × 1.60 = $64, profit = $24 per unit, margin = 24 ÷ 64 = 37.5%. To reach a 60% margin instead, you would need a 150% markup — a price of $100.

Practical tips

  • Keystone pricing (100% markup) is the traditional retail baseline — adjust for your overheads, not habit.
  • Use the Profit Margin Calculator in reverse when you know the margin you need: Price = Cost ÷ (1 − margin).
  • Per-unit fixed costs (like marketplace fees) belong in the cost field, or your markup silently shrinks.
  • Round prices psychologically after calculating: $64 often sells better as $65 or $69.

Price and margin for a $40 cost at common markups

MarkupPriceMargin
25%$50.0020%
50%$60.0033.3%
75%$70.0042.9%
100%$80.0050%

Common mistakes

  • 1 Believing a 50% markup means “half the price is profit” — it is a third.
  • 2 Applying markup to an incomplete cost that omits shipping, fees or packaging.
  • 3 Using one markup for all products regardless of demand, competition or perishability.

Frequently asked questions

How do I calculate a 30% markup?

Multiply the cost by 1.30. A $50 cost becomes $65. The profit is $15 and the margin is 15 ÷ 65 = 23.1%.

What markup do I need for a 50% margin?

100%: Price = Cost ÷ (1 − 0.5) = 2 × Cost. In general, markup = margin ÷ (1 − margin).

What is keystone pricing?

Doubling the wholesale cost — a 100% markup producing a 50% gross margin. It is a starting heuristic, not a rule; many categories need more or less.

Should markup cover my rent and wages?

Indirectly, yes: the gross margin your markup creates must cover all overheads before there is net profit. Estimate overheads per unit and check the margin covers them.