WHAT IS MARKED PRICE?
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WHAT IS MARKED PRICE?
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The price on the label of an article/product is called the marked price or list price. This is the price at which product is intended to be sold. However, there can be some discount given on this price and the actual selling price of the product may be less than the marked price.
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In big shops and department stores,every article is tagged with a card and its price is written on it. This is called the marked price.
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