To calculate the Profit from Markup (P):
\[ P = \frac{MP \cdot C}{100} \]
Where:
Markup to Profit refers to the calculation of profit based on the markup percentage applied to the total costs of a product or service. The markup percentage represents the increase over the cost price to determine the selling price, and the profit is the additional amount earned from this markup.
Let's assume the following values:
Using the formula:
\[ P = \frac{25 \cdot 1000}{100} = 250 \text{ dollars} \]
The profit from markup is $250.