What is the term for the practice of marking up prices by 100 percent (or doubling the cost to set the selling price)?
A)margin pricing
B)keystoning
C)mark-on adding
D)formula doubling

Name: What is the term for the practice of marking up prices by 100 percent (or doubling the cost to set the selling price)? A)margin pricing B)keystoning C)mark-on adding D)formula doubling
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Question

Quizplus · Accepted Answer

The term for marking up prices by 100 percent is keystoning. This means that the selling price is double the cost price.

What Is the Term for the Practice of Marking Up