What is the idffernce in mark up and mark down in sals?
Answers
Answered by
0
The difference between margin and markup is that margin is sales minus the cost of goods sold, while markup is the the amount by which the cost of a product is increased in order to derive the selling price.
Similar questions
English,
7 months ago
India Languages,
7 months ago
Social Sciences,
1 year ago
Physics,
1 year ago
Science,
1 year ago