What is added to the cost to set the price, as a percentage of the cost.
Recargo = (P − C) ÷ C
What each letter means
- P: Selling price
- C: Cost
An example
With P = €130, C = €100: Markup = 30%.
What is added to the cost to set the price, as a percentage of the cost.
With P = €130, C = €100: Markup = 30%.