R PB Mels furniture bought a lamp that cost 100. Rearranging the equation we can find the retail selling price with the desired markup with following formula-. Markup sale pricecost 1.
The markup formula is as follows.
Then multiply by 100 to determine the markup percentage. Formula to Calculate Markup Markup formula calculates the amount or percentage of profits derived by the company over the cost price of the product and it is calculated by dividing the profit of the company by the cost price of the product multiply by 100 as it is shown in the percentage terms. Markup percentage price COGS COGS Now lets look at a hypothetical example to put the markup price formula to work. So dividing 20 by 10 we get 2010 2.