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29 votes
29 votes
Which statement defines the term markup?

A.
the extra amount added to the selling price to arrive at the cost price
B.
the extra amount added to the cost price to arrive at the selling price
C.
the extra amount added to the marginal cost to arrive at the selling price

User Litepresence
by
2.6k points

2 Answers

11 votes
11 votes

Answer:

Explanation:

Select the correct answer.

Which statement defines the term markup?

A.

the extra amount added to the selling price to arrive at the cost price

B.

the extra amount added to the cost price to arrive at the selling price

C.

the extra amount added to the marginal cost to arrive at the selling price

A would be the correct answer

User Jackmekiss
by
2.7k points
11 votes
11 votes
The answer would be the letter B.
User Paulo Hgo
by
3.0k points
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