Education Required to Become a Computer Programmer. A Bachelor of Science in Computer Science is the degree most employers look for, although some companies will accept 2-year associate degrees depending on the position level.
Definition of markup 1: an amount added to the cost price to determine the selling price; broadly: profit 2: a U.S. Congressional committee session at which a bill is put into final form before it is reported out
How to Calculate Markup Percentage. By definition, the markup percentage calculation is cost X markup percentage, and then add that to the original unit cost to arrive at the sales price. The markup equation or markup formula is given below in several different formats. For example, if a product costs $100, the selling price with a 25% markup would be $125. Gross Profit Margin = Sales Price â Unit Cost = $125 â $100 = $25. Markup Percentage = Gross Profit Margin/Unit Cost = $25/$100 = 25%. Sales Price = Cost X Markup Percentage + Cost = $100 X 25% + $100 = $125. One of the pitfalls in using the markup percentage to calculate your prices is that it is difficult to ensure that you have taken into consideration all of your costs.