Mark Up, Mark Down, Mark On

A price reduction used to encourage consumers to increase demand

• Markdown

• Temporary Markdown

• Mark-on

• Permanent Markdown

An amount added to the product’s cost to determine the selling price

• Mark-on

• Mark-up

• Markdown

• Profit

It is the sum of cost, expenses and profit

• Selling Price

• Markdown

• Mark-up

• Mark-on

A decrease in price to eliminate products that are not in-demand

• Markdown

• Temporary Markdown

• Expenses

• Permanent Markdown

A price increase of a product fairly soon after another increase

• Markdown

• Mark-on

• Mark-up

Such examples of this are fees on transportation, rent, bills, etc

• Cost

• Selling Price

• Profit

• Expenses

An amount added to cover the expenses or overhead of running a business

• Markdown

• Mark-up

• Profit

• Cost

The purpose of this is to generate sales or to clear inventory

• Permanent Markdown

• Temporary Markdown

• Markdown

It is the amount of money paid by a trader for buying products to sell

• Profit

• Selling Price

• Cost

• Expenses

It is the amount of money expected after selling products

• Profit

• Expenses

• Selling Price