And frozen peas are good for cooking, having had the slide of sugar into starches halted by freezing within an hour or two of harvesting. The truth is that home-grown peas are perfect eaten within seconds of picking, minutes at most, often within a few feet of the plant, as sweet, raw treats.
Markdown is a related term of markup. As nouns the difference between markdown and markup is that markdown is a reduction in price in order to stimulate sales while markup is the notation that is used to indicate how text should be displayed.
What is the difference between gross margin and markup? Gross margin or gross profit is defined as sales minus cost of goods sold. If a retailer sells a product for $10 which had a cost of $8, the gross profit or gross margin is $2. The gross profit ratio or the gross margin ratio expresses the gross profit or gross margin amount as a percentage of sales. In our example the gross margin ratio is 20% ($2 divided by $10). Markup is used several ways. Some retailers use markup to mean the difference between a product's cost and its selling price. In our example, the product had a cost of $8 and it had a markup of $2 resulting in a selling price of $10.