Which statement defines the term markup


Asked by maham237 @ in Mathematics viewed by 261 People


Which statement defines the term markup?
the extra amount added to the selling price to arrive at the cost price
the extra amount added to the cost price to arrive at the selling price
the extra amount added to the marginal cost to arrive at the selling price

Answered by maham237 @



A. The extra amount added to the selling price to arrive at the cost price

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