# List Price Markdown Calculator > Find the list price needed to offer a planned markdown while preserving a target gross margin. Page: https://askcalculators.com/calculator/list-price-markdown-calculator/ Definition: https://askcalculators.com/calculator/list-price-markdown-calculator/definition.json JSON Schema: https://askcalculators.com/calculator/list-price-markdown-calculator/schema.json Version: 1.0.0 Maintained by: AskCalculators (software project; not a credentialed reviewer) Qualified review: pending. Automated checks do not establish professional approval. Page status: Live Review status: Pending ## Use Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation. Example: https://askcalculators.com/calculator/list-price-markdown-calculator/?cost=10&targetGrossMargin=75&markdownPercent=20 ## Inputs - cost: Product or service cost; type=money; required; default=10; min=0 - targetGrossMargin: Target gross margin; type=percent; required; default=75; min=-1000; max=99.999 - markdownPercent: Planned markdown from list price; type=percent; required; default=20; min=0; max=99.999 ## Outputs - requiredListPrice: Required list price; format=currency; primary - sellingPriceAfterMarkdown: Selling price after markdown; format=currency - markdownAmount: Markdown amount; format=currency - grossProfit: Gross profit; format=currency - markupOnCost: Markup on cost; format=percent ## Formula selling price = cost ÷ (1 − margin); list price = selling price ÷ (1 − markdown) ## Rules - Empty optional inputs are undefined, not zero. - Hidden conditional inputs are ignored. - Do not invent missing required inputs.