Mark-Up, Mark-Down, Mark - on

Sellers lower their prices when they want to sell out old stocks of products. what do you call this price reduction?

• Mark-on

• Mark-up

• Mark-down

• Margin

What do you call the additional increase in the price of a product during holidays?

• Mark-up

• Mark-on

• Margin

• Selling Price

Which of the following results when we subtract mark-up from all the operating expenses?

• Profit

• Loss

• Mark-on

• Mark-down

Bagyong Tiktok has ruined some of Aling Nena's coconut plantation which is the only seller of coconut in their barrio. What can the sellers of buko halo-halo impose on their product?

• Margin

• Mark-up

• Mark-on

• Mark-down

Which of the following statement is FALSE?

• Mark-down is the decrease of price on a product.

• Mark-up results to a positive profit in the business.

• Mark-up is the decrease on the selling price of a product.

• Mark-on is the increase of price on a product during during peak season.