What does markup rate mean?
Definitions for markup rate
markup rate
This dictionary definitions page includes all the possible meanings, example usage and translations of the word markup rate.
Wiktionary
markup ratenoun
A percentage which a trader adds to the buy-in cost of goods in order to get the selling price.
Wikipedia
markup rate
Markup (or price spread) is the difference between the selling price of a good or service and cost. It is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit. The total cost reflects the total amount of both fixed and variable expenses to produce and distribute a product. Markup can be expressed as a fixed amount or as a percentage of the total cost or selling price. Retail markup is commonly calculated as the difference between wholesale price and retail price, as a percentage of wholesale. Other methods are also used.
Numerology
Chaldean Numerology
The numerical value of markup rate in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of markup rate in Pythagorean Numerology is: 7
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"markup rate." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/markup+rate>.
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