Respuesta :

The extra $20 is called "Profit." Profit is a financial benefit. It is an amount of revenue that you get when you sell a product that is higher than the amount that when you buy it. The opposite of profit is loss. The profit you get is intended for savings or for other investments.

Answer:

markup

Explanation:

sellers buy items from manufacturers and need a profit whenever they sell a product.  Therefore, they cannot allow the cost price to equal the selling price.  So they add an extra amount, called a markup, to the cost price to arrive at the selling price.

Otras preguntas