A markup increases the price; a discount decreases it.
That would probably be the discount.
20
33/100 times 18 ie;5.94
If the selling price is S and the Mark-up is M% then the cost, C*(1 + M/100) = S So that C = S/(1+M/100) = 100*S/(100 + M)
Mark up = 75%implies selling price = 175% of cost 175% = 63 dollars so 100% = 36 dollars.
If a shop gives a 10 percent discount, the profit percentage will be less than 25 percent, as the discount reduces the overall selling price of the item. The actual profit percentage would depend on the cost price and the new selling price after the discount is applied.
The mark-up increases the priceand a discount reduces the price.
Cost price * markup + tax = selling price
Mark up is how much money that the store thinks it can make by selling the product. It is the difference between cost and selling price.
That would probably be the discount.
mark down
a mark indicating that a book was not sold, then returned to the publisher and sold at a discount price.
The mark up is 75.00 - 50.00 = 25.00
20
Mark-up is setting your selling price a certain % higher than your production cost. So, it's probably more accurate to say that it is based on production cost. For instance, a 10% mark-up would establish a selling price that is 10% higher than your cost of production.
$38,876
No, it is not. Discount is a verb (to mark down, to disregard) or a noun (reduction in price). The past participle (discounted) may be used as an adjective.