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Match the following words to the definition in the picture Reduce price Wholesale price Net profit Markup Mark down Markup on cost Cost Selling price
Match the following words to the definition in the picture
2 Definitions: The price paid to the manufacturer or supplier after trade and cash discounts have a. been taken. b. The cost including shipping and insurance charges. A method of computing markup as a percent of cost used by most manufacturers, c. many wholesalers, and some retailers. d. Same as retail price. e. The price at which merchandise is offered for sale to the public. f. The difference between cost and selling price. g. Margin. h. Net earnings. i. Difference between original selling price and reduced selling price. j. Sale price Reduce price
Wholesale price
Net profit
Markup
Mark down
Markup on cost
Cost
Selling price
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