Test 1-Identinfy the followin;Choose your answer from the box below.

Calculate the selling price
Calculate the purchase price
Markup
Calculate percentage markup based on purchase cost
Calculate peso markup

______1. The difference between the selling price of a goods and services and its cost.
______2. Subtract your selling price from the purchase cost.
______3. Add your purchase cost and the peso markup.
______4. Subtract the selling price from the peso markup.
______5. Divide the peso markup by the pur- chase cost and multiplied by​