MarkUp Formula
Equation for calculate markup is,
R = C / (1-G)
P = R - C (or) R×G
M = P/C
C = Original Cost
G = Gross Margin
R = Revenue
P = Gross Profit
M = MarkUp
Equation for calculate markup is,
R = C / (1-G)
P = R - C (or) R×G
M = P/C