What defines the term markup?

Question

Mathematics

Rosales

14 October, 17:49

What defines the term markup?

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Answers (2)

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Ismael Buchanan · Answer 1

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

Liam · 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.