Markup Calculator

Calculate your selling price based on cost and desired markup percentage.

verified Reviewed: Jul 28, 2026
update Updated: Jul 28, 2026
commit v2.0.0
schedule 2 min read

lightbulb When to use this tool

  • check_circle Calculating the selling price for a new product by applying your standard markup percentage to supplier cost.
  • check_circle Determining what markup percentage a competitor's price implies given the known cost.
  • check_circle Setting wholesale and retail price tiers using different markup percentages for each channel.
  • check_circle Quick-checking whether a quoted price delivers the required markup.

Why use our tool?

Three-Way Calculation

Margin Equivalent Shown

GST-Exclusive Base

How it works

1

Enter your cost price (ex-GST).

2

Enter your target markup percentage.

3

The selling price and gross margin % display instantly.

4

Switch modes to find markup from cost and price, or cost from price and markup.

Examples

science Retail Product Pricing

Frequently Asked Questions

Should I price using markup or margin? expand_more
For cost-based pricing (adding a standard percentage to your cost), markup is the natural calculation. For financial analysis and comparing profitability across the business, margin is more useful. Retailers traditionally use markup (% of cost). Investors and analysts use margin (% of revenue). Use the tool that matches your pricing process — just be consistent and clear when communicating with different audiences.
What markup do I need for a 30% gross margin? expand_more
Use the formula: Markup % = Margin % ÷ (1 - Margin %). For 30% margin: Markup = 0.30 ÷ 0.70 = 42.86%. So to achieve a 30% gross margin, you must markup costs by approximately 42.86%. This calculator shows both numbers simultaneously, eliminating the need for this conversion formula.

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