Ask Question
17 February, 14:32

Which statement defines the term markup

A: extra amount added to the selling price to arrive at a cost price

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

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

+2
Answers (1)
  1. 17 February, 14:59
    0
    Im thinking C. extra amount added to the marginal cost to arrive at the selling price because you're marking up the price because its more for you and if it was cheaper you'd lose money.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statement defines the term markup A: extra amount added to the selling price to arrive at a cost price B: the extra amount added to ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers