The term you're referring to is "markup". Markup is the percentage of the cost that is added to the cost to get the selling price. It is often used in retail settings to determine the selling price of a product. Here's how you can calculate it:

1. First, subtract the cost of the product from the selling price. This will give you the amount of markup.
2. Then, divide the markup by the cost of the product.
3. Finally, multiply the result by 100 to get the markup percentage.

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The term you're referring to is "markup". Markup is the percentage of the cost that is added to the cost to get the selling price. It is often used in retail settings to determine the selling price of a product. Here's how you can calculate it:

1. First, subtract the cost of the product from the selling price. This will give you the amount of markup.
2. Then, divide the markup by the cost of the product.
3. Finally, multiply the result by 100 to get the markup percentage.

Knowee AI · Accepted Answer

The term you're referring to is "markup". Markup is the percentage of the cost that is added to the cost to get the selling price. It is often used in retail settings to determine the selling price of a product. Here's how you can calculate it:

1. First, subtract the cost of the product from the selling price. This will give you the amount of markup.
2. Then, divide the markup by the cost of the product.
3. Finally, multiply the result by 100 to get the markup percentage.

______ is the percentage of the cost that is added to the cost to get the selling price.

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