The document discusses different types of pricing strategies for businesses: mark-up, mark-down, and mark-on. It provides examples of calculating the selling price, cost price, amount of mark-up or mark-down, and percentage of mark-up or mark-down. For one example, a product had an original price of $8,500 and was marked down 55% to a selling price of $3,450. For another example, a product with a cost of $90 had a 35% mark-up and additional $10 increase, raising the mark-up rate to 46.11%.
The document discusses different types of pricing strategies for businesses: mark-up, mark-down, and mark-on. It provides examples of calculating the selling price, cost price, amount of mark-up or mark-down, and percentage of mark-up or mark-down. For one example, a product had an original price of $8,500 and was marked down 55% to a selling price of $3,450. For another example, a product with a cost of $90 had a 35% mark-up and additional $10 increase, raising the mark-up rate to 46.11%.
The document discusses different types of pricing strategies for businesses: mark-up, mark-down, and mark-on. It provides examples of calculating the selling price, cost price, amount of mark-up or mark-down, and percentage of mark-up or mark-down. For one example, a product had an original price of $8,500 and was marked down 55% to a selling price of $3,450. For another example, a product with a cost of $90 had a 35% mark-up and additional $10 increase, raising the mark-up rate to 46.11%.
a. what was the amount of the mark down? 55% - discount Solution: MD = 8, 500 x .55 P 3, 450 – cost price MD = 4, 675 14% - operating cost b. what was the rate of the mark down? MD = 8, 500 – 3, 825 = 4, 675 / 8, 500 MD = 55% 2. P 90 /kl – cost price a. what is its new selling price with the additional increase of P10? 35% - mark- up MU = 90 x .35 P 10 – additional increase = 31.5 SP = 90 + 31.5 = 121.5 + 10 SP = 131.5 b. By how much is the rate of mark-up based on cost increased by adding ₱10 to the regular selling price of the galunggong? MU = 131.5 – 90 / 90 = 41.5 / 90 MU = 46.11%
3. 45 – cost price a. selling price MU = 45 x .25
25% - mark- up = 11.25 SP = 45 + 11.25 4. SP = 56.25 a. what was the amount of b. mark- up the mark- down? MU = 56.25 – 45/ 45 MD = 3, 500 – 2, 100 = 11.25/45 MU = 25% MD = 1, 400