Register
What does the amount of the markup or markdown represent in the percent equation
79.9k views
10 votes
What does the amount of the
markup or markdown represent in the percent
equation

User Jshbrmn
by
3.5k points

2 Answers

6 votes

Answer:

How much the price increased (Mark up) or decreased (Mark down).

Explanation:

User Sgp
by
3.6k points
11 votes
MARKUP IS HOW MUCH TO INCREASE MARKDOWN IS HOW MUCH TO DECREASE PRICES
markup is the amount of increase in a price
Example : the selling price is the original price plus the markup or minus the markdown
markup is a rate where the percent increases in price and markdown (discount rate) is the decrease in price
User Yogesh Awdhut Gadade
by
3.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.3m questions

4.2m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Can someone help me plz I have to Turn 27/9 in simplest
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
At the beginning of a population study, a city had 240,000 people. Each year since, the population has grown by 9.7%. Lett be the number of years since start of the study. Let y be the city's population.
Link Copied!