Hi all, How do I calculate the desired markup to reach a specific end figure? For Example, if I wish to Increase a Purchase of £6.00 to a Sale Price of £24.00, how would I calculate the desired markup percentage? Thanks in advance Stuart
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$\text{markup} = \dfrac{\text{desired sales price}}{\text{purchase price}}\cdot 100$ In this example $\text{markup} = \dfrac{24}{6} \cdot 100 = 400\%$
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