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The amount added to a product’s cost to determine its selling price, often expressed as a percentage of that cost.

An amount added to cost to set the selling price, often expressed as a percentage of that cost.

Cost-plus pricing means calculating the cost of producing or supplying a unit and adding a mark-up.

The amount or percentage added to a product’s cost to determine its selling price.

With cost-plus pricing, a business calculates the cost per unit and adds a mark-up. For example, a product costing £20 per unit with a £5 mark-up would sell for £25. This is a straightforward way to allow for costs and a desired return on each sale.

The amount added to the cost of buying a product to determine its selling price.

With cost-plus pricing, the business calculates the cost of producing a product and adds a mark-up to determine its selling price.

Cost-plus pricing adds a mark-up to cost; it does not guarantee overall profit if sales are too low or costs have been underestimated.

In cost-plus pricing, a percentage mark-up is calculated on cost, not on the selling price.