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Markup and discount calculator

Price products quickly. Apply a markup to your cost, or a discount to a price, and see the result.

Calculator

Cost or priceMarkup %Discount %

What it does

Enter one starting amount, then a markup percentage, a discount percentage, or both. The markup result multiplies the amount by one plus the markup. The discount result shows the price after the discount and how much the customer saves. Both are calculated from the same starting amount you entered, not chained one after the other, so to discount a marked-up price, enter that price as the starting amount. Results are rounded to the cent.

Use it when you receive a new wholesale price list, plan a sale, or answer a customer who asks for a percentage off. Many small shops use a standard markup for each product category; enter the cost and your usual markup to get a starting price, then round to a friendly number. Before you advertise a discount, enter the sale price into the profit margin calculator with your cost to make sure the sale still makes money.

How to use it

Enter your cost, or the current price you want to discount.
Enter a markup percentage to get a selling price.
Enter a discount percentage to see the sale price and savings.
To discount the new price, type it in as the starting amount.

Worked example

An item costs $40.00. A 50% markup sets the price at $60.00. To run a 20% off sale on that price, enter $60.00 as the starting amount: the sale price is $48.00 and the customer saves $12.00. If you had entered 20% with the $40.00 cost still in the box, the result would be $32.00, which is 20% off the cost, not the price.