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M1 Topix C voc #2

Vocabulary

TermDefinition
Original price The starting price before a mark-up or a discount.
Sales Price The price that a customer pays after a discount or mark-up.
Discount A lowering of the original price.
Mark-up An increase in the original price.
Profit Money earned when selling a product for more than it costs.
Commission A part of the total sales amount that is paid to the salesperson.
Created by: tamaraheider
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