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Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate the selling price of a commodity given the cost price and desired markup in percentage.
Markup is the difference between the wholesale cost of materials and their retail selling price and is expressed as a percentage of the wholesale cost.
Markup % = (Retail price - Wholesale price) / Wholesale price
Rearranging the equation, we can find the retail selling price with the desired markup with following formula:-
Retail price = Wholesale price * (1 + markup%)