"Markup" is the difference between the cost of a good to a retailer and what he/she sells it for. Generally, it's stated as a percentage in one or two ways: 1) on the cost ... or 2) on the sales price.
"Markup" is the difference between the cost of a good to a retailer and what he/she sells it for. Generally, it's stated as a percentage in one or two ways: 1) on the cost ... or 2) on the sales price.
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