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"mark up" is a correct and usable term in written English.
It is used to refer to an increase in the price of a good or service. For example, "The store marked up the price of the shirt by 25%."
Dictionary
mark up
verb
To increase the price of something between its wholesale and retail phase.
Exact(16)
"We do not mark up," he said.
In other words, the syndicate's mark up could be substantial.
Made promises "beautiful designs without the high-street mark up".
Most wine shops mark up 50% over wholesale cost.
You can mark up documents.
"Low mark up, high volume.
Similar(44)
(Even that is a large mark-up).
The mark-up is enormous.
But the mark-up begins today.
That's quite a mark-up there, Waitrose.
That's a hell of a mark-up".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com