Activity 1

Markup
Markup Percentage
Selling Price
Buying Price
Profit
Unit cost

1. The price at which the good or service is being sold by the seller to a buyer.

2. The amount/cost paid to purchase a good.

3. The difference between much an item cost you and how much you sell the item.

4. The rate of the increase in buying price.

5. One of the most important measurementin determining the success of a business.​​