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29 July, 08:05

What defines the term markup?

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Answers (2)
  1. 29 July, 08:13
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    the amount added to the cost price of goods to cover overhead and profit.
  2. 29 July, 08:14
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    Definition of markup. (Entry 1 of 2) 1 : an amount added to the cost price to determine the selling price broadly : profit. 2 : a U. S. Congressional committee session at which a bill is put into final form before it is reported out. mark up.
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