Math Lessons : How to Calculate Markup Percentages

To calculate markup percentages, multiply the starting value by the markup percent and add that number to the original value. Understand markup percentages with advice from a standardized test prep instructor in this free video on mathematics.

Expert: Brian Leaf
Bio: Brian Leaf, MA, is the author of McGraw-Hill's Top 50 Skills for SAT/ACT Success series and has instructed SAT, ACT, GED and SSAT preparation to thousands of students.
Filmmaker: David Pakman

[djlclopez]

I just got hired as a retail manager and I've been panicking about learning the math behind markup percentages. Thank you for explaining this so easily! I appreciate it!

[kingston]

Helped me understand the concept behind my homework.
I ended up getting them all right!
Thanks

[maniloveshorks]

helped me with my homework when i had alot of *confusion*

[TigerNgtMare]

Sr. You are a real teacher. I been scratching my head for a long time. I can believe this formula was so easy to understand. Thank you very much! From a contractor.

[MistaLuffyGOBarto]

this guy's an actuall genius. This video was from 14 years ago but it helpd a ton for my math xams tommarrow. Thanks

[hotcheetolord]

Yo you came in clutch when I was doing homework and a test thank you sooo much I understand it now!

[HighDefinitionVideo]

Excellent thank you for the time you took to make this video!!

[lety]

Studying for PTCE exam ...this really helped thanks!

[tunasalad-brawlstars]

Yo this came in clutch for my home work

[thehifiguy]

The problem that most people run into is not understanding the difference between markup and profit margin. The formula you did is indeed correct for markup, but that does not mean that the vendor is making 40% profit margins. For example, a 40% profit would mean that that $10 item would have to be priced at $16.61 (the formula for determining that is 10÷.6, as $10 = 60% of the retail selling price), whereas a 40% markup (10×1.4) only equates to a profit margin of about 29%, as $10 now represents 71% of the retail price at $14.08. This gets people into trouble and can cause them to either severely under or over price their items, which results in a loss in both scenarios as people simply won't pay more than fair market value for something, and if you are inadvertently discounting your product more than you intended then you're losing money there as well. 👍

[Seasofdesolation]

Thanks for the help Mijo now I can finally work these problems without difficulty!.

[Rohan-eevl]

watching this night b4 my exam ur saving my life rn man

[konawind]

Thanks! I wish you were my math teacher

[josegregosilao]

thank you so much bro.... it really helped me.. your the best !!!

[suzettescott]

OMH tank you!!! I missed math class today and they assigned homework on this! XD

[ackass]

I luv learning easier ways to calculate things.

[LivingHelpBot]

This is really good, how you showed me about this easy way to do it. Does it really work?

[tiffanynguyen]

Do we have to add the 1 to the 0.??

[camdenwashington]

Thx this really helped me with my math packet

[carlypiaa]

thanks, I have a math test on this and forgot how to do this :)