GCSE Business 2020-2022 OCR: How high should that Mark Up Percentage be? [Pricing Methods]

Question

How high should that Mark Up Percentage be? [Pricing Methods]

go kys · Accepted Answer

-Varies on the Competition and the Price Results in Sales to Customers
-Example; Birthday Card for 60p. Usually its 100% so the total price would be $1.20 [pounds]

GCSE Business 2020-2022 OCR

How high should that Mark Up Percentage be? [Pricing Methods]

-Varies on the Competition and the Price Results in Sales to Customers -Example; Birthday Card for 60p. Usually its 100% so the total price would be $1.20 [pounds]

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