Name:________________________________ Grade &Section ___________ Date:_______

Instruction: Solve for what is asked in the following. Show your solution.

1. Midori operates a sunglasses kiosk at a local mall. She buys a certain style of sunglasses
for P265.00 a pair. To cover her operating expenses and allow for a profit, she adds 40
percent to her wholesale cost. What is the markup amount on the sunglasses? What is the
retail price of the sunglasses? Show your work.

2. Rose is selling handbags which cost her in making the hand bag is P1225.00 and she
decided to add up 50% as her profit. After a month, she decided to mark down her
handbag in celebration of the 25th Anniversary of the brand to 25%. What is the markup
amount on the bag? What is the retail price of the bag? What is the bag's markdown
amount and the bag's marked-down price? Show your solution.

3. A bag is marked down 15%. The sale price is 599.00. What was the original price?

4. You have an appliance store that carries a line of small appliances. You decide to mark
down your prices by 20 percent. Using the price list below, determine the markdown
amount and markdown price for each item listed.
 Item Retail Percentage of Markdown Markdown
Price Markdown Amount Price
P1235.00 20%
Smart Power
Blender
Hot Dog P999.00 20%
Cooker
Panini Maker P1,250.00 20%
Quesadilla P2,549.00 20%
Maker
Electric fan P2,950.00 20%