Markup definition

• A percentage added to the cost to get the

retail selling price.
• Example: A widget bought for $5 and sells
for $10 has a mark-up of 100%. (Add $5 to
the $5 cost to get the price.)
• A widget bought for $2, which sells for $3,
has a mark-up of 50%, (Add $1 to the $2
cost to get the price.)
 Sales Percentage Increase or
Decrease Calculator

• Calculate Percent Difference of Retail Sales

• Do you need to know how much retail sales were
up or down compared to last year's sales figures?
That is put the two sales amounts in the calculator
below to determine the percent increase or
decrease in sales.
• For example, if ABC sales were $5200 this year
and last year they were only $3400, the percent
increase in sales was 52.94 or rounded to 53%.
 Markdown definition

• Planned reduction in the selling price of an item,

usually to take effect either within a certain
number of days after seasonal merchandise is
received or at a specific date.
• OR
• The difference between the highest current bid
price among broker-dealers in the market and the
lower price that a dealer charges a customer.
 Retail Markup Markdown
calculator

• Calculate Retail Sales Price and Profit or Loss

• Use the retail markup/markdown calculator to
determine the selling price of a product if you know
the cost of the merchandise as well as the percent
markup. Enter a positive percent to calculate
markup or a negative percentage markdown to
determine the retail price of an item on sale.
• For example, if your store is having a 35% Off
clearance sale, enter -35%.
 For example:

• Retail Markup on Engagement Rings.

• Jewellers expect enormous profits from engagement ring.
• Mark-ups range from 50% to 400%.
• Mark-ups are around 300% in most retail locations.
• Retail jewellers mark up diamond engagement rings by 100% up to a
staggering 1000%.
• The jeweller may have purchased the stone for $1,000.00 but is selling
the stone for $3,000.00.
• Diamonds and jewellery have healthy mark-up ranging from 100% to
400% over cost.
• Pay the regular retail price.
• Smaller, local stores usually have lower overhead than 'mall' stores.
• Able to find a better value and better service.