Republic of the Philippines

SORSOGON NATIONAL HIGH SCHOOL

SORSOGON CITY

LEARNING ACTIVITY SHEET IN TLE COOKERY

Grade: 7 Week: 6-7: Quarter: 3rd

Objectives: Discuss principles of Costing.

Compute for the cost of production.
MECL Code Number: TLE_HECK7/8PM-0d-04

I. PRESENTATION OF THE LESSON:

HOW TO CALCULATE MARK UP PERCENTAGE
Markup is the difference between how much an item costs you, and how much you sell that item for--it's
your profit per item. Any person working in business or retail will find the skill of being able to calculate markup
percentage very valuable.
Instructions:
1. Calculate your peso markup. This is done by subtracting your buying price from your selling price.
Example:
Selling price 15.00
Purchase cost/buying price - 10.00
Peso markup 5.00
2. Decide whether you want to calculate your percentage markup based on cost or selling price. Once you
choose which you will be using to calculate, it is important you stick to the method you choose
throughout all your calculations, or you will end up with faulty data. If you decide to calculate your
percent markup based on cost, go on to Step 3. If you decide to calculate your percent markup based
on selling price, go on to Step 4.

3. Calculate percent markup based on cost. This is done by dividing the peso mark up by the cost.
Example
Peso markup 5.00
Purchase cost/buying price ÷10.00
Percentage mark up .5 or 50%
4. Calculate your percent markup based on selling price. This is done by dividing the peso markup by the
selling price.
Example
Peso markup 5.00
Selling price ÷15.00
Percentage mark up .33 or 33%
5. Make sure you consistently use either cost of the product or selling price to find the percent markup on
an item. Even though the cost, selling price, and peso markup will always be the same, the percentage
markup will be drastically different depending on if you calculate it using selling price or cost. Using
selling price will give you a lower percentage markup (assuming you are making a profit), while using
cost will give you a higher percentage markup.

Example of computation for the Cost of Production:

Given the following recipe and its estimated cost, compute for the total purchase cost and impose a 50% mark
up to determine the selling price of your product. Yield=24 servings.

Item Unit Cost Total Cost Peso Selling Price

Mark Up per Serving
2 Kl chicken 115.00/kilo 230.00
1 head of garlic 50.00/kilo 2.50
20 pcs/kilo
4 Tbsp soy sauce 15.00/bottle (Approx. 32T) 2.00
 Republic of the Philippines
SORSOGON NATIONAL HIGH SCHOOL
SORSOGON CITY

1 tsp ground black 1.00/small pack (½ t/pack) 2.00

pepper
½ cup vinegar 12.00/bottle (Approx. 2 C/bottle) 3.00
2 Tbsp cooking oil 40.00/bottle (Approx. 32T) 2.50
TOTAL: 242.00 121.00 15.00 (15.125)
Peso Mark Up = Total Cost x Percentage Mark Up
Selling price = Total cost + Peso mark-up
No. of yield You have to do multiplication and division
SP= _____ for the Unit Cost and Item:

PESO MARK UP: 242.00 x .50 = 121 2KlII.Chicken x 115.00/kilo = 230.00 P

SELLING PRICE: 242 + 121 = 363 50.00/kiloR÷ 20pcs/kil0 = 2.50 x 1 head of garlic
24 A ÷ 32T = 0.47 x 4T soy sauce = 1.88
15.00/bottle
= 15.00 C
or 2.00 (Rounded-off)
T I
C
E EXERCISE:

Answer the following. Refer to the brief discussion about How to Calculate Mark Up Percentage.
Items Purchase cost/ Selling Price Peso Mark Percentage Mark Up
Buying price Up Based on Purchase Cost
Bibingka 75.00 90.00 1. 2.

III. EVALUATION:
A. Answer the following. Refer to the brief discussion on How to Calculate Mark Up Percentage.
Items Purchase cost/ Selling Price Peso Mark Percentage Mark Up
Buying price Up Based on Selling Price
Yema 10.00 15.00 1. 2.

B. Given the following recipe and its estimated cost, compute for the total purchase cost and impose a
50% mark up to determine the selling price of your product. Yield=4 servings.
Item Unit Cost Total Cost Peso Mark Up Selling Price
per Serving
1 can condensed milk 45.00
4 eggs 6.00/1 egg 24.00
1 tsp lemon rind 35.00/1 lemon
(Approximately 16 tsp)
1 tsp Vanilla 25.00/1 sachet 1.50
(Approximately 16 tsp)
½ cup water 10.00/ 1 bottle (1 cup)
Total Cost: 38.75
Peso Mark Up = Total Cost x Percentage Mark Up
Selling price = Total cost + Peso mark-up
No. of yield
SP= _____