Examlex
Which currency do importers typically prefer to use in transactions?
Markup Percent
The additional percentage on the base cost of merchandise to accommodate for overhead and yield profit.
Selling Price
The amount of money for which a product or service is sold to the customer.
Cost
The amount of money required to purchase, produce, or maintain something.
Markup Percent
The extra portion put on the cost of items to cover the expenses of operation and achieve profit.
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