MANAGEMENT

Detailed explanation-1: -A keystone mark-up is when the mark-up equals the cost of the item you are selling. Essentially, you’re selling the product for twice what you paid for it.

Detailed explanation-2: -Keystone pricing: a simple markup formula Keystone pricing is a product pricing strategy retailers use as an easy rule of thumb. Essentially, it’s when a retailer determines a retail price by simply doubling the wholesale cost they paid for a product to set a healthy profit margin.

Detailed explanation-3: -If a = b, then a + c = b + c. Multiplicative Property of Equality: If a = b, then a · c = b · c.

Detailed explanation-4: -KEYSTONE PRICING-WHAT IS IT? Keystone Pricing Strategy essentially means doubling the wholesale price at which you bought the products from a Brand or Manufacturer. From one point of view, it means a 100% markup and from another a 50% profit margin.

Detailed explanation-5: -The concept of keystone pricing popularly known today originated far back as 1896 from jewelry trade. It started from a Keystone magazine, a predecessor of Jewelers; Circular-Keystone, after subscribers had complained about the showing of dealer costs in a publication that customers might see on jeweler’s counters.