In the context of retail management this refers to difference between the price paid by the retailer for merchandise and the actual selling price. The formula for determining
maintained markup percentage is as follows: //// Maintained markup = (Actual selling price – costs)/ actual selling price. /// Another formula to determine the maintained markup is: //// Maintained markup % = Initial markup % - [ (reduction %) (100 – initial markup %)] /// Where /// Reduction % = Amount of reductions/Net sales
