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Discount fluctuates and it has various types like Frequent shopper discount, senior citizen discount, membership discount. Though discount is being given to the customer, Retailer gets cheaper profit always.
MarkDown is gradual and it is mostly used to sell the old inventory items and any items which retailer feels occupying the space for long time. MarkDown is more applicable for seasonal items, as the necessity decreases when the season is finished. When retailer sells in MarkDown price, it will be a loss but it helps them to bring in new items where they can get some profit.
In Simple layman language,
MarkUP price = Purchased price + profit price
MarkDown price = Purchased price - loss price
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∙ 11y ago
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What most accurately describes the difference between a discount broker and full- service broker?
Discount brokers don't give investment advice or do Stock Market analysis
What most accurately describes the difference between a discount broker and a full service broker?
Discount brokers don't give investment advice or do Stock Market analysis
What is the difference between a discount coupon and a special coupon in marketing?
discount coupons are something given for a specific discount, probably happens often. a special coupon is when there is a special run. doesn't happen often and has a short exp window.
What is the difference between discount and commission?
5% commission means you pay USD 100 and get the product amounting to USD 1055% discount means you pay USD95 and get the product amounting to USD100
What are the differences between discount stores and department stores?
discount stores have lots of discounts and department stores sell clothing
What word has virtually the same meaning as the word markdown?
discount
What is difference between bankers discount and true discount?
The Banker's Gain (BG) is the difference between a banker's discount and a true discount. It is a deduction with simple interest.
What is the main difference between trade discount and cash discount?
The main difference between, cash discount is shows in account book but tradediscount does not show in account book.
What is the difference between discount given and discount received?
nothing there the something ...
What is the difference between a single trade discount and trade discount series?
What is the difference between a single trade discount and trade discount series? In: http://wiki.answers.com/Q/FAQ/2547-72 [Edit categories]
What is the difference between discount and loss?
hi I'm Nivedita.the difference between discount and loss is discount is the reduced price whereas loss means the amount of money lost from the c.p.
How do you calulate a markdown or 25 percent?
discount means a deduction from the regular price of something formula for getting the MARKDOWN or discount: discounted price = regular price minus (% off multiplied by the regular price) Example: 30% off of $100 = 30% discount applied to $100 = $100 - (30% * $100) = $100 - (0.30 * $100) = $100 - $30 = $70
What is the Different between a single trade discount versus a discount series?
Describe the difference between a single trade discount versus and discount series and give an example
What is the difference between a trading discount and a discount allowed?
1 billion equable whats?
What is the difference between a 50 percent discount and a discount of 33.33 percent?
A 50% discount is half off, and a 33.33% discount is one third off.
What does discounted price mean?
If a price reflects discount, the discount has already been applied.
When was Markdown created?
Markdown was created in 2004.
