Discounts and Markups Vocabulary

Front

What is 'Markup'?

Back

Price higher than the cost to the seller.

Front

What does '_____% off' imply?

Back

The price is reduced by that percentage.

Front

What does 'Wholesale' refer to?

Back

Selling goods in large quantities for resale.

Front

What does 'Deal' mean?

Back

An attractive price; a bargain.

Front

What does 'Shop' mean?

Back

To visit stores or websites to buy goods.

Front

What is 'Discount'?

Back

A reduction in the price of a product.

Front

What is 'Retail Price'?

Back

The price at which a product is sold to consumers.

Front

What is 'Cost Price'?

Back

The original price paid for a product before any markup.

Front

What is 'Bargain'?

Back

A deal that is considered advantageous or favorable.

Front

What does 'Sale' mean?

Back

A period during which a retailer offers goods at reduced prices.