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What does Markup meaning

2 Answers

6 votes

Answer:

See below

Explanation:

Meaning in my own words: The amount applied to the depreciation and production factor price of the product.

Example: Sells for $126 costs $100. Price is increase.

Synonyms for markup: increase, Profit

Hope this helps.

User Andor
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7 votes

Answer:

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

Explanation:

User Mike Dymond
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