What is the markup price in genereic terms ?
Mark up refers to the value that a marketer adds to the cost price of a product/item.
suppose production cost of a pen Rs 10. if seller adds 2 . then the cost of the pen becomes 12.
Markup is the difference between a product's selling price and cost as a percentage of the cost.
(Rs12– Rs10) / Rs10) x 100=20%..
How can we calucalte markup price in Oracle fusion ?
