Examlex
The purchase of a new house is included in
Mark-up
An increase in the original price of items meant to compensate for overhead expenditures and ensure profit.
Selling Price
The amount of money for which a product or service is sold to the consumer.
Overhead Expenses
Ongoing costs involved in operating a business that are not directly tied to providing goods or services, such as rent, utilities, and administration costs.
Profit
The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
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