Follow these simple steps to calculate your selling price:

1. Enter your Cost Price - the amount you paid for the product
2. Enter your desired Markup Percentage - how much you want to add on top of your cost
3. Click the Calculate button to see your results

The calculator will instantly show you:

• The Markup Amount in dollars
• The final Selling Price you should charge
• Your Profit Margin percentage

Markup is the percentage added to the cost price to determine the selling price. It's calculated as: (Selling Price - Cost) / Cost × 100%.

Profit Margin is the percentage of the selling price that is profit. It's calculated as: (Selling Price - Cost) / Selling Price × 100%.

For example, a product that costs $100 with a 50% markup would sell for $150, giving you a profit margin of 33.33%.