Question

Am I correct to believe that a markup is the selling price minus cost?

Answer 1

Yes, markup is the additional cost over all input costs.

Answer 2

no, that is the profit. markup is the selling price plus the markup amount or percent

Answer 3

Markup = sale price - cost (as I said above), which creates a profit.

Answer 4

Would that be selling priceplus cost , selling price divided by cost, selling price minus cost or selling price x (1 + cost).

Answer 5

oh, you're right..

Answer 6

selling price minus cost