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Business Math 11
Qtr 1 Week 5
Mark-on, Mark-down, and Mark-up
Learning Competency:
Obtain Mark-on, Mark-down, and Mark-up given price of a product
Learning Task 1. What can you say about the picture? Did you experience buying something and the sales
lady gave you a discount or there is a discount stapled in the items you want to buy in the mall or in the
market? How did you feel?
Learning Task 2.
Directions: Complete the table.
Selling Price= Cost + Mark Up
Ms(%)= Markup based on selling price= Markup/ Selling Price (100)= M/S x 100
Mark up based on
selling price= 5/30 x
100
=16.67%
2 P 48 P 52
3 P350 P 500
4 P280 P220
5 P390 P 375
6 P 450 P250
7 P 2,300 P 2,800
8 P 15,000 P 9,000
9 P 500,000 P 650,000
10 P 56 P 90
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ASSIMILATION
Mark-up is added to the total cost incurred by producers of goods or services or product distributors and
retailers in order to generate profit.
Mark-up= Selling Price – Total cost
Mark-on cost and selling price is the rate of the mark up in cost. it can be computed if the rate of mark up in
selling price is known.
Markup-on selling price = % markup on cost/100% - % markup on cost) 100%
Markup on cost = % Mark on selling price/100%-% markup on cost) 100%
Mark down is the reduction of price of a product or service based on the percentage of the original price.
Mark down rate = 1-(sale Price/Original price)
Learning Task 4. How will you relate this saying to mark on, mark down and mark up during this time of
COVID 19 Pandemic?
“LIFE is like riding a bicycle, to keep your balance, you must keep moving”-Albert Einstein
Learning Task 4a. Fill in the blanks. Write the answer in the space provided.
1. Mark-up is added to the total cost incurred by producers of goods or services or product distributors and
retailers in order to generate ______.
2. Mark-on cost and selling price is the rate of the mark up in cost. It can be computed if the rate of ______ in
selling price is known.
3. Mark down is the ______ of price of a product or service based on the percentage of the original price.
Reference:
Lopez, Lundag & Dagal, (n.d.) Business Math , VIVAL Publishing
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