LEARNING ACTIVITY SHEET No.

3
Learning Strand: LS-4 (LIFE AND CAREER SKILLS)
CALCULATE COST OF PRODUCTION
COOKERY
QUARTER 3

Name: ________________________________________ Level: Senior High School

Date: ____________________
Reference: http://www.ext.colostate.edu/pubs/foodnut/09329.html
http://www.ehow.com/how_4425471_calculate-markup-percentage.html

I. Introductory Concept
How to Calculate Markup 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.
Procedure:

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 markup
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.

II. Learning Skills from ALS CG

Grading Learning Competencies ALS CG Code
period
3rd 3. Calculate cost of production
TLE_HECK7/8PM-0e-
5

III. ACTIVITY 1
DIRECTION: Complete the following table.
ITEMS PURCHASE SELLING PRICE PESO MARKUP PERCENTAGE
COST/BUYING MARK- UP
PRICE
Bibingka 5.00 7.00
____________ ____________
Cup cake 7.00 10.00
____________ _____________
Pulvoron 3.00 4.00
_____________ _____________
Chicharon 25.00 35.00
____________ ____________
Yellow corn 10.00 15.00
____________ _____________