Markup pricing refers to the difference between the cost to produce and market an item for sale, and the retail price that is charged for that item. Typically, the markup is expressed as a fixed percentage, and is determined by applying that percentage to the actual cost of the item.

Markup price meaning refers to the additional amount added to the cost of producing a good or service to arrive at its final selling price. Essentially, it's the difference between the production cost and the retail price, designed to cover expenses and ensure profitability for businesses.

Markup pricing refers to a pricing strategy wherein the price of a product or service is determined by calculating the sum of the products and a percentage of it as a markup. In other words, it’s the method of adding a percentage to a product’s cost to determine its selling price.

A pricing markup is the price difference between a product’s selling price and its cost. Essentially, a pricing markup results in profit for the company; the markup adds a certain amount to the product above what it costs to make the product.