chapter 8 markup and mark down

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Last updated 8:24 PM on 5/2/26

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1

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Why do retailers and manufacturers markup the price?

to make more on profit.

2

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How to calculate the Selling Price?

SP = Cost + Markup

3

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How to calculate the Markup Price?

M = Selling Price - Cost

4

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How to calculate the Cost?

C = Selling Price - Markup