# Calculate a price based on markup (2023)

(Video) How to Find Selling Price - Easy Trick - With Cost Price and Markup

Sheldon's question:

(Video) Find Cost if Selling Price and Percent Markup is given

I know the most common way for retail companies to calculate a price based on markup is:
Cost/(1 - Margin), but how should this work for a company that wants a profit margin greater than 100%?

(Video) Excel Magic Trick 285: Markup On Sell Price Formula

For example, if you have an item that costs \$200 and you want a 300% markup on the sales price,
\$200/(1-3), but that gives you a negative sales price of \$100.
Could you explain how to calculate the final price of an item using the markup formula on the final sale price when the markup is greater than 100%?

(Video) How to Calculate Markup

(Video) How to find selling price with cost and profit margin only

(Video) Markup = Selling Price - Cost (with solved problems)

## Videos

1. How to find selling price with cost and profit margin only
(Learn Accounting Finance)
2. pricing strategy - Cost based pricing - Cost plus pricing and markup pricing
(The Marketing Channel)
3. MARK UP, SELLING PRICE & MARKUP RATE | GRADE 6
(Sheena Doria)
4. Calculating Percent Markup Based on Cost
(GreggU)
5. How to Calculate Markup Selling Price and Markup Rate
(Anil Kumar)
6. How To Solve For Or Calculate Markup Amount In Markup On Cost Problems Explained For Business Math
(Whats Up Dude)
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