Ask Question
14 September, 22:13

A seller buys an item from a manufacturer for $100 and sells it to a customer for $120. What term describes this extra $20?

+1
Answers (1)
  1. 15 September, 01:05
    0
    This is basically known as net profit. because he purcahes it of 100 $ and sale it of 120 and earn a complete 20$ profit. mostly that happens in retailer cases. best example is shop keeper because they are not manufacturing it
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A seller buys an item from a manufacturer for $100 and sells it to a customer for $120. What term describes this extra $20? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers