Examlex
A scientific journal refers to
Cost
The amount of money required to produce, purchase, or maintain a product or service.
Markup Percent
The surcharge applied to the acquisition cost of products for covering overhead and making a profit.
Selling Price
The final amount of money charged for a product or service, or the amount the consumer is willing to pay.
Markup Percent
The percentage increase over the cost price of a product to calculate the selling price.
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