asked 192k views
3 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

2 Answers

4 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

answered
User Mrr
by
8.4k points
3 votes
The answer would be the letter B.
answered
User NumenorForLife
by
8.2k points

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