Which statement defines the term markup?
2 answers:
A. The extra amount added to the selling price to arrive at the cost price
Answer: The extra amount added to the selling price to arrive at the cost price.
Step-by-step explanation:
The mark up amount is the extra amount added by a seller to the cost price of a commodity to cover expenses and profit in fixing the selling price.
It is the difference between the cost price and the selling price.
It is calculated as a percentage of either the selling price or the cost price.
Hence, the right option is " the extra amount added to the selling price to arrive at the cost price".
You might be interested in
The answer is 40 hahahahaha :)
17.25(6.6...)+17.25(5/3)+17.25
this will give you the answer
Answer:
y=199-3x
Step-by-step explanation:
you ave 199 and 3 pper day so is considered each day and whatever it equals it will be y
Step-by-step explanation:
X1/3=2
X1=2×3
X1=5
x=5/1
c
Please mark me as brainleist
