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A markup increases the price; a discount decreases it.

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11y ago

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If on an item a shop gives 25 percent discount. they earn 25 percent profit If they now give 10 percent discount then what is the profit percentage?

let mark price is 100 Rs. after giving 25% discount the selling price=75Rs. if the profit is 25% then the cost price=(100/100+25)*75=60Rs if now they give 10%discount the selling price=90Rs so gain=90-60=30Rs gain%=(30/60)*100=50% mohd. haseeb contact- 09602609019 B.tech (RTU)kota


Why is there a difference between mark up and discount?

The mark-up increases the priceand a discount reduces the price.


How do you calculate selling price if you know the profit mark up and cost price?

Cost price * markup + tax = selling price


Is mark up based on selling price or cost?

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.


What a amount of money subtracted from the sales price?

That would probably be the discount.


What is a reduction from the original selling price?

mark down


What is the peso mark up if buying price is 50.00 and the selling price is 75.00?

The mark up is 75.00 - 50.00 = 25.00


What is a remainder mark on a book?

a mark indicating that a book was not sold, then returned to the publisher and sold at a discount price.


A mark up of 25 percent on cost is equivalent to what mark up on selling price?

20


Is Mark-up based on selling price?

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.


What was the original selling price of a 1994 Lincoln Mark VIII?

$38,876


Is discount an adjective?

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.