Determine your COGS (cost of goods sold). For example $40.
Find out your gross profit by subtracting the cost from the revenue. Our product sells for $50, so the profit is $10.
Divide profit by COGS. $10 / $40 = 0.25.
Express it as a percentage: 0.25 * 100 = 25%.
This is how to find markup... or simply use our markup calculator!
The markup formula is as follows: markup = 100 * profit / cost. We multiply by 100 because we express it as a percentage, not as a fraction (25% is the same as 0.25 or 1/4 or 20/80). This is a simple percent increase formula.
Answers & Comments
Verified answer
Answer:
Yema Peso mark up = 2
Percent = 20%
Turon with Cheese Peso mark up = 2
Percent = 28.5%
Graham Ball Peso mark up = 1
Percent = 20%
Banana Q Peso mark up = 3
Percent = 20%
Milk tea Peso mark up = 15
Percent = 18.75%
Explanation:
How to calculate markup?
Determine your COGS (cost of goods sold). For example $40.
Find out your gross profit by subtracting the cost from the revenue. Our product sells for $50, so the profit is $10.
Divide profit by COGS. $10 / $40 = 0.25.
Express it as a percentage: 0.25 * 100 = 25%.
This is how to find markup... or simply use our markup calculator!
The markup formula is as follows: markup = 100 * profit / cost. We multiply by 100 because we express it as a percentage, not as a fraction (25% is the same as 0.25 or 1/4 or 20/80). This is a simple percent increase formula.