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sergejj [24]
3 years ago
9

What does Markup meaning

Mathematics
2 answers:
riadik2000 [5.3K]3 years ago
8 0

Answer:

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

Step-by-step explanation:

V125BC [204]3 years ago
6 0

Answer:

See below

Step-by-step explanation:

Meaning in my own words: The amount applied to the depreciation and production factor price of the product.

Example: Sells for $126 costs $100. Price is increase.

Synonyms for markup: increase, Profit

<em><u>Hope this helps.</u></em>

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Answer:

$6.03

Step-by-step explanation:

The question is asking us how much each pair of socks cost. With the information we are given, we know that there are 5 pairs and that they all cost the same amount. If the total were just the 5 socks, we could easily divide the total by 5 to get the price of each pair but that's not the case. The soccer ball is included in the final cost. To overcome this, we just have to subtract the soccer ball's cost ($45) from the total.

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