Math Flashcards

1
Q

Mark up % on cost

A

(Selling price - cost)
———————— X 100
Cost

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2
Q

Mark up % on retail

A

(Selling price - cost )
————————- X 100
Selling price

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3
Q

Net profit

A

Selling price - (cost + overhead)

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4
Q

Mark up

A

Selling price - cost

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