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the difference is that instead of subtracting for discount you add for markup ex:markup a store buys a jacket for $5 in order to earn cash they do markup which is when you multiply a percentage with the cost of the product. so lets say the percentage is 90% so multiply them both then you must add them.
It is a fixed percentage to the cost of all items in a product class.
It is programming languages that are referred to in terms of "high level" and "low level".Extensible Markup Language(XML) is a markup language not a programming language, it is a data formatting specification that makes the presentation of data independent of programs (so that data can be passed between programs).For this reason the answer to your question is "neither".
HyperText Markup Language .
That depends on who does it and where and where you buy it too, anywhere from wholesale $2500 to $12000 retail.
simply multiply the wholesale price by the percentage markup (in this case 28%) to get the answer, for example: 8 x 0.28= 2.24 then add the answer to the original price 8 + 2.24= 10.24
The retail price will be 400 dollars. This is a high markup percent. You can get so many deals by participating in auctions or going through wholesale places.
It varies from country to country, and store to store - but the usual mark-up of most goods from wholesale to retail is 30%.
For Retail Price question....If Retail price is 12,995. Markup % is 12. what was the wholesale price?
Try to get double what you paid.
There is a large difference between wholesale and retail prices for any product. Wholesale price are much lower so the retailer is able to markup the price and make a profit off the sale of the item.
First we have to find the markup amount, which is the original price times the markup percentage: $64 * 15% This is the same as: $64 * 0.15 = $9.60 Now we add the markup amount to the original price to get the retail price: $64 + $9.60 = $73.60 The retail price is $73.60
Net price is wholesale pricing. This usually indicates that the manufacturer does not have a set retail price for its product, and whatever you retail the product for is up to you. So check with your competitors as to what is the average markup on that product for your industry.
Cost = 2.00 Markup = 3.00-2.00 = 1.00 Markup as percentage of cost = 1.00/2.00 * 100 = 50 %
Retail = cost*(1+markup/100)
'Gain percentage' is usually called markup. Cost x (1 + markup percentage/100) = selling price. Ex: a book cost $20 wholesale. The store markup is 25%. Fine the selling price. SP = 20 x (1 + 25/100) = 20 x (1.25) = $25
50% markup.