What defines the term markup?

Question

Mathematics

Oneill

15 March, 15:51

What defines the term markup?

+3

Answers (2)

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Selina Clayton · Answer 1

the amount added to the cost price of goods to cover overhead and profit.

Nyasia Allen · Answer 2

Definition of markup. (Entry 1 of 2) 1 : an amount added to the cost price to determine the selling price broadly : profit. 2 : a U. S. Congressional committee session at which a bill is put into final form before it is reported out. mark up.