Grade 10 Essentials Math
Monday, October 4, 2010
Setting Prices (Following Unit Prices) Sept 23 2010
Markup: Making a price higher, to make a profit. (like in a vetail store.)
Markup-how much, depends on demand
Usually markup is based on a set of percentage,
PST AB- 0%
SK- 5%
MB- 7%
GST
G
oods &
S
ervices
Tax
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