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Mark-up
Mark-up refers to the difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.
Cost
Represents the amount of money required to purchase something or the expense associated with creating a product or service.
Sale Price
The final price at which an item or service is sold, after any discounts or adjustments are applied.
Operating Expenses
Costs associated with a business’s operations, including rent, utilities, payroll, and materials, but excluding the cost of goods sold.
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