3 years ago

Please explain what mark up is to me. Keep it simple

Mathematics

1 answer:

iogann1982 [59]3 years ago

8 0

Hey there!

Markup is the percentage that the cost of an item is increased.

For example, if a company bought a pair of headphones that costed $100 and they sold it for $150, the markup was 50%, since half of the original cost was added. if the markup were 100% it would have been sold for $200, since it added 100% of the original.

I hope this helps!

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