A good is bought wholesale for $50.00 and then sold for $75.00. What is the markup rate?

Calculate Markup Amount:

Markup Amount = Final Price - Original Price Markup Amount = $75.00 - $50.00 Markup Amount = $25.00

Calculate Markup Rate:

Let us define our rate as (x) Markup Amount = Original Price(x)

Divide each side by Original Price to isolate x:

x =

Markup Amount

Original Price

Plug in our numbers and solve:

x =

$25.00

$50.00

x = 0.5

Convert to Percentage:

Markup Percentage = 100 x 0.5 = 50%

What is the Answer?

Markup Percentage = 100 x 0.5 = 50%

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?