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What defines the term markup?

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Answer:

Definition of markup. (Entry 1 of 2) 1 : an amount added to the cost price to determine the selling price broadly : profit. 2 : a U.S. Congressional committee session at which a bill is put into final form before it is reported out. mark up.

User Guillem Poy
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Answer:

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

User Lwyrn
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