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16 March, 00:03

What is a standard mark up

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Answers (2)
  1. 16 March, 02:40
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    Answer:Standard markup is a fast and easy method to figure out how much you should charge for your goods or services. Standard markup boils down to one simple formula: actual cost + markup = price. For example, it might cost you $3 in ingredients to make a sandwich.
  2. 16 March, 02:59
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    Standard markup is a fast and easy method to figure out how much you should charge for your goods or services. Standard markup boils down to one simple formula: actual cost + markup = price. As a small-business owner, you can use standard markup to get an idea of what you should be charging for your items.
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