How do you calculate profit markup?
To calculate the sales price at a given profit markup, use the equation:
Sales Price = c x [ 1 + (M / 100)]
c = cost
M = profit markup (%)
Example: With a cost of $8.57, and a desired profit markup of 27%,
sales price would be:
Sales Price = $8.57 x [ 1 + ( 27 / 100)]
Sales Price = $10.88
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