Marketing Principles Unit 8:

Markups & Discounts

Instructions: Find the markup and selling price for each of the following. You must show all
steps to receive full credit. Be sure to provide how much of a discount you will receive AND the
sale price.
1. A pair of shoes that costs $40 was 2. A sweater that costs $20 was marked
marked UP by 25%. UP by 60%.

40 x .25= 10 20 x .6=12
40+10=50 20+12=32

Markup: $10 Selling Price: $50 Markup: $12 Selling Price: $32
3. A recliner that costs $150 was marked 4. A computer that costs $48 was marked
UP by 100%. UP by 40%.

150 x 1= 150 48 x .4= 19.2

150+150=300 48+19.2=67.2

Markup: $150 Selling Price: $300 Markup: $19.2 Selling Price: $67.2
5. An iPod that costs $110 was marked 6. A television that costs $360 was
UP by 50%. marked UP by 25%.

110 x .5= 55 360 x .25= 91.25

360+91.25=456.25
110+55=165

Markup: $55 Selling Price: $165 Markup: $91.25 Selling Price: $456.25
7. A shirt that costs $12.50 was marked 8. A crank radio that costs $20.40 was
UP by 30%. marked UP by $35%.

12.5 x .3=3.75 20.4 x .35=7.14

12.5+3.75=16.25 20.4+7.14=27.54

Markup: $3.75 Selling Price: $16.25 Markup: $7.14 Selling Price: $27.54
Marketing Principles Unit 8:
Markups & Discounts

Instructions: Find the markup and selling price for each of the following. You must show all
steps to receive full credit. Be sure to provide how much of a discount you will receive AND the
sale price.
9. A pair of shoes that regularly sells for 10. A couch that regularly sells for $450
$45 was discounted by 20%. was discounted by 30% off.

45 x .2=11.25 450 x .3=135

45-11.25=33.75 450-135=315

Discount: $11.25 Sale Price: $33.75 Discount: $135 Sale Price: $315
11. A pair of boots that regularly sells for 12. A lawnmower that regularly sells for
$48 was discounted by 15% off. $150 was discounted by 25% off.

48 x .15=7.2 150 x .25=37.5

48-7.2=40.8 150-37.5=112.5

Discount: $7.2 Sale Price: $40.8 Discount: $37.5 Sale Price: $112.5
13. A motorcycle that regularly sells for 14. A coat that regularly sells for $82 was
$1,450 was discounted by $40% off. discounted by 50% off.

1450 x .4=580 82 x .5=41

1450-580=870
82-41=41

Discount: $580 Sale Price: $870 Discount: $41 Sale Price: $41
15. A mattress that regularly sells for 16. A pair of moon boots that regularly
$325 was discounted by 10% off. sells for $86 was discounted by 5%
off.
325 x .1=32.5 86 x .05=4.3
325-32.5=292.5 86-4.3=82.7

Discount: $32.5 Sale Price: $292.5 Discount: $4.3 Sale Price: $82.7