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A seller buys an item from a manufacturer for $100 and sells it to a customer for $120. What term describes this extra $20?
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A seller buys an item from a manufacturer for $100 and sells it to a customer for $120. What term describes this extra $20?

User Marvo
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this is basically known as net profit. because he purcahes it of 100 $ and sale it of 120 and earn a complete 20$ profit. mostly that happens in retailer cases . best example is shop keeper because they are not manufacturing it
User Bharath R
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