mark up vs Markup

Both 'mark up' and 'markup' are correct, but they are used in different contexts. 'Mark up' is a phrasal verb meaning to increase the price of something, while 'markup' is a noun referring to the amount added to the cost price to determine the selling price.

Last updated: April 01, 2024

mark up

This is a correct phrasal verb used to indicate increasing the price of something.

Use 'mark up' when you want to express the action of increasing the price of a product or service.

Examples:

The store decided to mark up the prices of their products before the holiday season.
She always marks up the prices of her handmade jewelry to cover her costs.

Alternatives:

increase the price
raise the price
add a margin
boost the price
hike the price

Markup

This is a correct noun used to refer to the amount added to the cost price to determine the selling price.

Use 'markup' when referring to the difference between the cost price and the selling price of a product or service.

Examples:

The company's markup on the product was 50%.
The store applied a 30% markup to the wholesale price.

Alternatives:

profit margin
margin
added cost
price increase
selling price difference

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mark up vs Markup

mark up

Markup

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