1. ## Desired Markup

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?

$\text{markup} = \dfrac{\text{desired sales price}}{\text{purchase price}}\cdot 100$
$\text{markup} = \dfrac{24}{6} \cdot 100 = 400\%$