Quote Originally Posted by JennB
Markup is 100%

Markup is the percentage charged over cost.


Links because no one will believe me:

http://www.steinermarketing.com/calc_markup_pricing.htm

http://www.dinkytown.net/java/ProfitMargin.html


Equation to calculate markup

Solved for Markup:
Markup = (Total / Original) − 1
Oh I believe ya without a doubt. I have a few people on other forums that has no concept of simple math or business intuition. I have been running my own business for over 11 years and in the stock market game for over 9 of those years.

It just kills me that so many people out there doesn't know simple math and do their own taxes.