Pricing · markup guide

90% markup: margin and selling price

A 90% markup means the selling price is your cost plus 90% of that cost, so you multiply the cost by 1.9. It gives a profit margin of 47.37%, because the profit is measured against the higher selling price. An item that costs £100 sells for £190.00 and makes £90.00 profit.

VAT rate checked against GOV.UK on .

Profit margin

47.37%

from a 90% markup

Multiply cost by

1.9

to get the price ex VAT

Price on £100 cost

£190.00

before VAT

With 20% VAT

× 2.28

cost to shelf price

Selling prices with a 90% markup

Price with VAT assumes you are VAT registered and the item is standard-rated at 20%.

CostSelling priceProfitPrice with VAT
£1.00£1.90£0.90£2.28
£5.00£9.50£4.50£11.40
£10.00£19.00£9.00£22.80
£25.00£47.50£22.50£57.00
£50.00£95.00£45.00£114.00
£100.00£190.00£90.00£228.00
£250.00£475.00£225.00£570.00
£1,000.00£1,900.00£900.00£2,280.00

Nearby markups

Markup, the margin it gives and the multiplier to use on your cost.

MarkupMarginMultiplier
70%41.18%× 1.7
75%42.86%× 1.75
80%44.44%× 1.8
85%45.95%× 1.85
95%48.72%× 1.95
100%50%× 2

Markup is not the same as margin

People often mix these up. A 90% markup is a 47.37% margin. If you actually want a 90% margin, you need a markup of 900%, so the price is cost × 10.

How far you can discount

With a 90% markup you can take up to 47.37% off the selling price before you are selling at cost. A 10% discount leaves a margin of 41.52%, and 20% off leaves 34.21%.

Adding VAT

If you are VAT registered and sell at the 20% standard rate, add VAT after the markup. That makes the shelf price cost × 2.28. The VAT goes to HMRC, so it does not change your 47.37% margin.

Profit in each pound of sales

Gross profit is between two fifths and half of each pound you take before VAT, and the goods cost you the other 53p. After a 10% discount you would need to sell only about 27% more units to make the same gross profit as at full price.

How far apart the markup and margin are

At this level the two figures are far apart: the margin is 42.63 percentage points below the markup. On a £100 cost, pricing for a true 90% margin would mean charging £1,000.00 instead of £190.00. Another 10 points of markup would add only 2.63 percentage points of margin, because each extra point counts for less as the price climbs.

Other markups

Markup calculator · Work out your own prices

Common questions

What margin is a 90% markup?

47.37%. Divide the markup by 100 plus the markup: 90 ÷ 190 = 47.37%.

How do I add a 90% markup to a price?

Multiply the cost by 1.9. For example, £40 × 1.9 = £76.00. In Excel or Google Sheets, with the cost in A2, use =A2*1.9.

What is a 90% markup on £100?

£90 of profit, so the selling price is £190.00 before VAT, or £228.00 with 20% VAT added.

How do I work out the cost from a price with a 90% markup?

Divide the selling price by 1.9. A price of £60 means a cost of £31.58. If the price includes 20% VAT, divide by 1.2 first.

Sources and assumptions

  • Markup = profit ÷ cost. Margin = profit ÷ selling price. Both use prices before VAT.
  • Cost means what you pay for the item, excluding any VAT you can reclaim.

Figures are rounded to the nearest penny or to two decimal places.