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Markup and markdowns

User Frank Drin
by
8.0k points

1 Answer

4 votes

Markup:

1. The notation that is used to indicate how text should be displayed.

2. The percentage or amount by which a seller hikes up his buy-in price when determining his selling price.

3. An increase in price.

Markdown:

1. A reduction in price in order to stimulate sales.

2. An decrease in price.


User BlondeSwan
by
8.7k points
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