How to Calculate Percentage Markup in Excel FAST!
📌 Want to calculate markup in Excel? In this tutorial, I'll show you a simple way to determine markup using a basic formula.
What You'll Learn in This Video:
✅ How to calculate markup percentage in Excel
✅ The difference between markup and profit margin
✅ How to format markup as a percentage
📌 Excel Formula Used:
To find markup, subtract the Cost Price from the Selling Price, then divide by the Cost Price:
=(Selling Price - Cost Price) / Cost Price
After entering the formula, press Enter, then click the % button to convert it into a percentage.
Why This is Important?
✅ Helps businesses set profitable prices
✅ Useful for retail, e-commerce, and sales calculations
✅ Works for financial planning and cost analysis
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