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[object Object],Retail Price $125 Cost of Merchandise  $75 Margin $50 Markup as a Percent of Retail Price  40% = $50/$125 Retail Price = cost + markup
Setting Retail Prices ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Markups ,[object Object],[object Object],[object Object],Initial Markup = percentage Maintained markup percentage + Percent reductions 100%   + Percent reductions
Initial and Maintained Markups Initial Retail Price $1.00 Cost of Merchandise  $.60 Maintained Markup  $.30 Maintained Markup as a Percent of Retail Price  30% = $.30/$1.00 Reductions $.10

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Retail Price Markup

  • 1.  
  • 2.
  • 3.
  • 4.
  • 5. Initial and Maintained Markups Initial Retail Price $1.00 Cost of Merchandise $.60 Maintained Markup $.30 Maintained Markup as a Percent of Retail Price 30% = $.30/$1.00 Reductions $.10