Markup-on-Cost Pricing Method

Using this method, markup is reflected as a percentage by which initial price is set above product cost as reflected in this formula:

The calculation for setting initial price is determined by simply multiplying the cost of each item by a predetermined percentage then adding the result to the cost:


Markup-on-Cost Pricing Method   (2022).   From Setting Price: Part 1 Tutorial.   Retrieved   August 11, 2022  from