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M1 Topix C voc #2
Vocabulary
| Term | Definition |
|---|---|
| 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. |