Markup Markdown Calculator

Enter 2 out of 3 below:

<-- Initial Price
<-- Markup %
<-- Final Price

A good was sold using a markup rate of 20%. Find the selling price of the good that cost the retailer \$250.00?

Calculate markup amount:

Markup amount = Original Price x Markup %
Markup amount = \$250.00 x 20%
Markup amount = \$50.00

Calculate selling price:

Selling Price = Original Price + Markup Amount
Selling Price = \$250.00 + \$50.00
Selling Price = \$300.00

Selling Price = \$300.00

How does the Markup Markdown Calculator work?

Given the 3 items of a markup word problem, cost, markup percentage, and sale price, this solves for any one of the three given two of the items. This works as a markup calculator, markdown calculator.
This calculator has 3 inputs.

What 3 formulas are used for the Markup Markdown Calculator?

1. Markup amount = Original Price x Markup %
2. Markup Amount = Final Price - Original Price
3. Original Price = Markup Amount/(1 + Markup %)

For more math formulas, check out our Formula Dossier

What 6 concepts are covered in the Markup Markdown Calculator?

cost
an amount that has to be paid or spent to buy or obtain something
margin
the current level of an activity
markdown
how much less a companys selling price is than the amount the item costs the company.
markup
how much more a companys selling price is than the amount the item costs the company.
markup markdown
word problem
Math problems involving a lengthy description and not just math symbols