Markup May Be Expressed As

question 3

Multiple Choice

Markup may be expressed as:

• A) the difference between the selling price and the cost
• B) all of these are appropriate expressions of markup
• C) net profit
• D) a percent

---

Definitions:

Volume of Business

The total amount of trade or transactions conducted by a company over a specified period, often measured in sales or units sold.

Attractive Location

pertains to a site or place with qualities that are appealing to businesses, investors, or residents, often due to factors like economic opportunities, natural beauty, or favorable conditions.

Composite Score

An overall score derived from combining several individual scores, often used in assessments or evaluations.

Public Transit

A system of various transport modes such as buses and trains operated by a city or region to provide a shared travel service to the public.