Question

What type of connection can you make between markups and tips or taxes? What type of connection can you make between markdowns and discounts? Explain your answer.

(This is an open ended question.)

Answer 1

Tips and taxes add money to a bill. This is the same as a markup. Markdowns are the same as discounts. They take percentage off of a bill.

Explanation:

I did the quiz and got it correct.