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The increase a retailer adds over the cost is the:
AMarkdown
BMarker
CMarket
DMarkup
Answer & Solution
Correct answer: D. Markup
1. It covers the retailer's own costs and profit.
2. It is added, not subtracted.
3. It is the markup.
_Source: OpenStax 'Contemporary Mathematics', Ch 6 'Money Management' (CC BY)_
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