Answer: It is credit discount.
Step-by-step explanation:
Answer:
Markup
It is a markup because they use a markup to make profit. I hope this helps, :)
3/8 & 4/8
1/2 - 1/8 = 4/8 - 1/8 = 3/8
x - 1/8 = 3/8
x = 4/8
4.57