Start learning →

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)_
Practise this question with Quill — IBPS Clerk →

Keep practising Percentage

Browse all Percentage questions for IBPS Clerk, or explore more Quantitative Aptitude topics.

Start a Percentage lesson →