Markup practice

What you will practise

Markup divides profit by cost; margin divides it by selling price. The same profit therefore produces different percentages.

(selling_price - cost) / cost

The syntax above is a guide. Read the data and each task to choose the right arguments for your formula.

3 exercises in this lesson

1. Exercise 1 · answer in E10

   Calculate item A's markup from C2 and D2.

2. Exercise 2 · answer in E10

   Calculate a selling price by adding markup F6 to cost D2.

3. Exercise 3 · answer in E10

   Convert the target margin in E6 into its equivalent markup.

Before you check your answer

• Keep the source data intact. Write your answer in the highlighted result cell. Changing a source value changes the question instead of solving it.
• Use the requested cells. Check the first and last row of a range and read its column heading. A plausible total can still come from the wrong data.
• Reference values that can change. A fixed number may match today's sheet. A cell reference keeps the formula connected when the source values change.

How the answer is checked

The workbook evaluates your formula against the requested result. It also checks the skill being practised and tests the formula with changed source data, so a fixed answer that happens to match is not enough.

Use progressive hints when you need help, then try the task again with fresh data. Correctly solving a step opens the next exercise.