11

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
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Business Mathematics – Grade 11
Alternative Delivery Mode
Quarter 1 – Module 5: Mark-on, Mark down and Mark-up
First Edition, 2020

Republic Act 8293, section 176 states that: No copyright shall subsist in any work
of the Government of the Philippines. However, prior approval of the government agency or
office wherein the work is created shall be necessary for exploitation of such work for profit.
Such agency or office may, among other things, impose as a condition the payment of
royalties.

Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this module are owned by their respective copyright holders.
Every effort has been exerted to locate and seek permission to use these materials from
their respective copyright owners. The publisher and authors do not represent nor claim
ownership over them.

Published by the Department of Education, Division of Palawan

Schools Division Superintendent:
Natividad P. Bayubay, CESO VI
Assistant Schools Division Superintendents:
Loida P. Olavario, Ph.D.
Felix M. Pamaran

Development Team of the Module

Writers: Levilisa S. Brillantes
Editors: Sidney D. Saldevia
Mark G. Javillonar
Language Editor: Marianne R. Valdez
Reviewers: Eric N. Quillip
Layout Artist: Mark G. Javillonar
Management Team: Aurelia B. Marquez
Rodgie S. Demalinao
Eric N. Quillip

Printed in the Philippines by ________________________

Department of Education – MIMAROPA Region – Schools Division of Palawan

Office Address: PEO Road, Bgy. Bancao-Bancao, Puerto Princesa City

Telephone: (048) 433-6392
E-mail Address: palawan@deped.gov.ph
Website: www.depedpalawan.com

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



iii
Introductory Message
For the facilitator:

Welcome to the Business Mathematics – Grade 11 Modular Distance Learning

(MDL) Self-Learning Module on Mark-on, Mark down and Mark-up!

This module was collaboratively designed, developed and reviewed by educators

from public institution to assist you, the teacher or facilitator in helping the
learners meet the standards set by the K to 12 Curriculum Most Essential Learning
Competencies (MELCs) in the “New Normal” situation while overcoming their
personal, social, and economic constraints in schooling.

This learning resource hopes to engage the learners into guided and independent
learning activities at their own pace and time. Furthermore, this also aims to help
learners acquire the needed 21st century skills while taking into consideration
their needs and circumstances.

In addition to the material in the main text, you will also see this box in the body of
the module:

Notes to the Teacher

This contains helpful tips or strategies
that will help you in guiding the learners.

As a facilitator, you are expected to orient the learners on how to use this module.
You also need to keep track of the learners' progress while allowing them to
manage their own learning. Furthermore, you are expected to encourage and assist
the learners as they do the tasks included in the module.

iv
For the learner:

Welcome to the Business Mathematics – Grade 11 Modular Distance Learning

(MDL) Self-Learning Module on Mark-on, Mark down and Mark-up!

This module was designed to provide you with fun and meaningful opportunities
for guided and independent learning at your own pace and time. You will be
enabled to process the contents of the learning resource while being an active
learner.

This module has the following parts and corresponding icons:

What I Need to Know This will give you an idea of the skills or
competencies you are expected to learn in
the module.

What I Know This part includes an activity that aims to

check what you already know about the
lesson to take. If you get all the answers
correct (100%), you may decide to skip this
module.

What’s In This is a brief drill or review to help you link

the current lesson with the previous one.

What’s New In this portion, the new lesson will be

introduced to you in various ways; a story, a
song, a poem, a problem opener, an activity
or a situation.

What is It This section provides a brief discussion of

the lesson. This aims to help you discover
and understand new concepts and skills.

What’s More This comprises activities for independent

practice to solidify your understanding and
skills of the topic. You may check the
answers to the exercises using the Answer
Key at the end of the module.

What I Have Learned This includes questions or blank

sentence/paragraph to be filled in to process
what you learned from the lesson.

What I Can Do This section provides an activity which will

help you transfer your new knowledge or
skill into real life situations or concerns.

Assessment This is a task which aims to evaluate your

level of mastery in achieving the learning
competency.

v
 Additional Activities In this portion, another activity will be given
to you to enrich your knowledge or skill of
the lesson learned.

Answer Key This contains answers to all activities in the

module.

At the end of this module you will also find:

References This is a list of all sources used in

developing this module.

The following are some reminders in using this module:

1. Use the module with care. Do not put unnecessary mark/s on any part of
the module. Use a separate sheet of paper in answering the exercises.
2. Don’t forget to answer What I Know before moving on to the other activities
included in the module.
3. Read the instruction carefully before doing each task.
4. Observe honesty and integrity in doing the tasks and checking your
answers.
5. Finish the task at hand before proceeding to the next.
6. Return this module to your teacher/facilitator once you are through with it.
If you encounter any difficulty in answering the tasks in this module, do not
hesitate to consult your teacher or facilitator. Always bear in mind that you are
not alone.

We hope that through this material, you will experience meaningful learning
and gain deep understanding of the relevant competencies. You can do it!

vi
 What I Need to Know

This module was designed and written with you in mind. It is here to help you
master the key concepts in buying and selling. The scope of this module permits it
to be used in many different learning situations. The language used recognizes the
diverse vocabulary level of students. The lessons are arranged to follow the
standard sequence of the course. But the order in which you read them can be
changed to correspond with the textbook you are now using.

The module is composed of one lesson, namely:

• Lesson 1 – Differentiate and obtain Mark-on, Mark down and Mark-up on a
given price of the product

After going through this module, you are expected to:

1. Define mark-on, mark down and Mark-up
2. Differentiate mark-on, mark down and mark-up
3. Solve for Mark-on, Mark down and mark-up on the given price of a product

1
 What I Know

Directions: Solve for the following problems in a sheet of paper. Choose and write
the letter of the correct answer in an answer sheet.

1. When a mall decides to have a sale on selected items, they are imposing a
_______________.
a. Mark down b. mark-up c. mark-on d. selling price

2. During Christmas season, prices of Christmas decorations increase because

retailers are deciding to have a ________ on the prices of their items.
a. Mark down c. Mark-on
b. Mark-up d. selling price

3. To gain a profit and cover up the cost of an item, _______________ is necessary.

a. Mark down c. Mark-on

b. Mark-up d. selling price

4. The Cellphone Company sells iPhones at PhP24, 000. During a weekend sale,
the iPhone is sold at 10% discount. What is the sale price of the iPhone?
a. Php21,600.00 c. Php10,500.00
b. Php20,000.00 d. Php 15,000.00

5. Yvette’s Flower Shop imposes a 45% mark-up on cost of the roses delivered to
them for sale. The cost of each rose is Php50.00. During All Saint’s Day, however,
an additional mark-on of 30% of the regular selling price is added on. How much is
the selling price of each rose during All Saint’s Day at this flower shop?
a. Php100.00 c. Php94.25
b. Php92.50 d. Php 94.00

6. What is the mark-up of a box of pencils being sold for PhP135 if its mark-up rate
based on selling prices is 25%?
a. Php33.75 c. Php33.00
b. Php32.50 d. Php33.50

7. Julia buys notebook which costs Php45.00. How much is the selling price and
the markup price if the markup rate is 25%?
a. Selling Price-Php56.25,MU-Php11.25
b. Selling Price-Php55.25,MU-Php11.00
c. Selling Price-Php55.00,MU-Php11.50
d. Selling Price-Php54.00,Mu-Php 10.00

2
8. Manang Crising observed that demand for fish has increased because of an
undersupply of meat in the market. She then decides to increase the price of
galunggong by Php10 per kilo. How much is the new selling price if the cost of
galunggong before the increase is Php90 per kilo plus a 35% mark-up?
a. Php 85.00 c. Php131.50
b. Php105.25 d. Php 100.00

9. Julia is a retailer of a dressed chicken that costs Php105.00 each and she sells it
at Php130.00. She was forced to mark down on the selling price of her dressed
chicken because of competition. She decided to sell it at 5% mark down on selling
price. What is the amount of the mark down?
a. Php 6.00 c. Php 6.50
b. Php 6.25 d. Php 7.00

10. Jubilee bought 10 kilos of tomatoes for Php 25.00 each kilo. He imposes 10%
mark-up on the cost. How much is the amount of mark-up?
a. Php 2.50 c. Php 1.00
b. Php 1.50 d. Php 2.00

11. A stall in Divisoria bought 225 blouses at PhP15,750. All of these blouses were
sold at a mark-up of 150% based on cost. What was the amount of mark-up
realized on the purchase?
a. Php 23,625 c. Php 20,800.00
b. Php 21,500.00 d. Php 500.00

12. During a Midnight Madness Sale, a board game regularly priced at PhP8,500
was sold at 55% discount. What was the amount of the mark-down?
a. Php 4,600.00 c. Php 4,080.00
b. Php 4,675.00 d. Php500.00

13. A top costs Mang Mario PhP280 and he decides to mark it up by 30% of the
cost price. What is the selling price?
a. Php 364.00 c. Php 250.00
b. Php 360.00 d. Php 100.00

14. A watch which costs PhP1,350 is being sold at PhP2,025. What is the rate of
mark-up based on cost?
a. 50% c. 25%
b. 35% d. 10%

15. Aling Ana would like to sell plates she purchased from Divisoria for PhP18.00
each. If she would like to have a 15% profit on the cost of each item, determine the
mark-up price for each plate.
a. Php 3.7 c. Php 4.7
b. Php 2.7 d. Php 5.2

3
 Differentiate and Obtain
Lesson
Mark-on, Mark down and
1 Mark-up on a given price of
the product

An important principle in buying and selling is the proper setting of selling price of
an item. Wrong pricing may lead to negative profit. In this module, you will be
learning about mark-up, mark down and mark-on on setting prices and how we
will solve for it.

What’s In

How do you think a rice dealer sets price on his rice products? How about a fish
vendor? How about softdrinks retailer? Do you think they are using some sort of
method/s or calculations in setting selling price?

Retailers add some amount on the items they are offering for sale to come up with
the selling price taking into considerations the profit that can be obtained and the
prevailing situations in the market.

Notes to the Teacher

To review prior knowledge, examples that the students are
familiar with may be used. Let the students do Activity No 1:
Situational Reading to prepare them with the new lesson.

4
 What’s New

With the Activity 1, you will be able to have a clue about the lesson in this module.

Activity 1: Situational Reading

Directions: Read the story below and try to visualize the scenario of the story.

Juan, a fishball vendor, decided to sell banana cue for additional income. He
bought 1 kl. Brown sugar for 44.00, 50 bananas (1.00 each banana), banana cue
sticks for 10.00 and 1.5 L cooking oil for 120.00. He produced 30 pcs of banana
cues. He then decided to sell it for Php 10.00 each. A competitor came in who offers
a much lower price than Juan’s selling price. He decided to lower his banana cue’s
selling price at 5% of the selling price. Because Juan’s banana cue is more
delicious than his competitor, the demand for it increases. He now decided to take
advantage of it so he decided to increase the selling price (increase is 10% of the
regular selling price).

What is It

Mark-up, Mark down and Mark-on

Mark-up is an additional amount to cover up the cost and to provide profit.

Mark down on the other side is a decrease on the selling price due to some
circumstances like competition. It is only temporary.

Mark-on is an additional price. This is to take advantage of some situations

favorable to the business like peak season demands.

Let’s take a look on how Juan in Activity 1 imposes selling price considering
different market situations.

a. A mark-up decision happens when Juan decided to sell the banana cue with
10% mark-up on cost.
b. Juan decided to lower his banana cue’s selling price because a competitor
came in is an imposition of a Mark down decision.
c. When Juan decided to take advantage of the demand, he decided to increase
the selling price. It is a Mark-on decision.

5
Formulas:

To compute for the MARK-UP:

MARK-UP = SELLING PRICE – COST

Example:

Let us consider Juan’s decisions in setting of selling price on his

bananacue on Activity 1.

a. How much is the bananacue’s mark -up when Juan decided to have a 10%
mark-up?

Let us compute first for the cost:

1 kl brown sugar – 44.00

50 bananas (1.00 each banana) – 50.00
1.5 L cooking oil- 20.00
Bananacue sticks – 10.00
Total cost -124.00/30 pcs bananacue
Total cost per stick of bananacue=Php 4.13

Mark-up = Selling Price-cost

= Php10.00 - 4.13

Mark-up = Php5.87 per stick of bananacue

To compute for MARK-ON:

MARK-ON = PEAK SELLING PRICE – REGULAR SELLING PRICE

Example:

Compute for the mark-on when Juan decided to sell his bananacue at 10%
mark-on on the regular selling price.

Compute for the peak selling price first

Peak selling price= Regular selling price+regular selling price (rate of mark-
on)
Peak selling price=10.00+10.00(10%)
Peak selling price=10.00+1.00
Peak selling price=11.00

To compute for mark-on

Mark-on=peak selling price-regular selling price

Mark-on=11.00-10.00
Mark-on=1.00

6
To compute for MARK DOWN:

MARK-DOWN = SELLING PRICE – SALE PRICE

Example:

Compute for mark down when Juan on Activity 1 decided to sell his bananacue
at 5% mark down on the current selling price?

First, we have to compute for the sale price:

Sale price=Current selling price-current selling price (rate of mark down)
Sale price= 10.00-10.00(5%)
Sale price=10.00-0.50
Sale price=9.50
To compute for mark down:
Mark down= Selling price -sale price
Mark down=10.00-9.50
Mark down= .50

Notes to the Teacher

The brief discussion above provided enough information for the
students to do the activities on the succeeding pages. Such
activities are designed for individual preparation and lesser
teacher intervention.

7
 What’s More

Activity 2: Problem Solving

Directions: Solve for mark-up, mark down and mark-on and select the letter of the
correct answer. Use a separate paper for computation.

1. Selling price is:

a. the amount offered by the seller in exchange of the product
b. expenses incurred in the preparation of the item
c. Discount given to long time customers
d. the amount paid by the employer to his employees

2. To compute for the selling price: Selling Price=__________+Operating cost+

profit
a. Cost Price c. Transportation Expenses
b. Operating Expenses d. Salaries

3. S=C+MU, where MU is:

a. Mutual Understanding c. Marking-up
b. Mark-up d. Mask Up

4. Mark-down=Selling Price- _______________.

a. Sale Price c. Mark-up
b. Cost Price d. Mark-down

5. The prices of the products being sold during Mall sales are example of which
product price computation?
a. Mark down c. Mark-up
b. Mark-on d. Selling price

6. The cost price of an antique table is P5, 000.00. What is the selling price and
mark-up if the seller wants a 20% markup based on cost?
a. MU-Php 500.00, Selling Price-Php 5,500.00
b. MU-Php 550.00, Selling Price-Php 5,550.00
c. MU-Php 1,000.00, Selling Price-Php 6,000.00
d. Mu-Php 500.00, Selling Price-Php 5,000.00

7. During a clearance sale, an appliance department marked down a microwave

oven by 12%. Find the mark down amount if the original selling price is P1,
200.00.
a. Php 144.00 c. Php 146.00
b. Php 145.00 d. Php 130.00

8
8. Aling Nena decided to add a mark-on on her chicken because she observed
that fish and vegetable are expensive because of typhoon. She decided to add
50% on the retail price. How much is the amount of mark on if the retail
price is P120.00?
a. Php 60.00 c. Php 70.00
b. Php 65.00 d. Php 50.00

9. Julia buys a battery with a cost of PhP130.00. The rate of mark-up based
on cost is 25%. Find the selling price and the mark-up.
a. Selling price-Php 162.50, MU-Php 32.50
b. Selling Price- Php 150.00, MU-Php 80.00
c. Selling Price- Php 138.00, MU- Php 23.00
d. Selling Price- Php 120.00, MU- Php 20.00

10. A tumbler which costs PhP1, 500.00 is being sold at PhP3, 000.00. How
much is the mark-up based?
a. 25% c. 50%
b. 35% d. 30%

11. The following are the reasons why Mark-on becomes an option in computing
for the selling price of a product, EXCEPT:
a. Peak Season
b. Lack of raw materials/ingredients needed in the process of product
making
c. Increased on the demand
d. If there is an increase on the salary of the buyers

12. A dining set originally sold for P10, 000.00 is now being sold at 15% mark
down. Determine the amount of mark down.
a. Php 1,000.00 c. Php 1,500.00
b. Php 1,200.00 d. None of the above

13. Aling Nida noticed that nobody is selling headband on her place and the
demand for the headband is getting higher because of the incoming
foundation day celebration in their Barangay. If she is going to add 30%
mark-on on the selling price of the headbands if the original selling price is
Php 15.00, how much would be the new selling price of it?
a. P18.00 c. P19.00
b. P20.00 d. P19.50

14. A cellphone previously sold at 10,000.00 is now at sale with 10% mark
down on the original selling price. How much is the new selling price of the
cellphone?
a. Php 9,000.00 c. Php 8,900.00
b. Php 9,100.00 d. Php 8,500.00

9
15. Find the mark-up of a 2 dozens of shampoo being sold for PhP135 with a
25% mark-up based on selling price.
a. Php33.75 c. Php33.00
b. Php32.50 d. Php 32.00

10
 What I Have Learned
At this point, let us see how much you have gained from the discussions and
activities you have undergone.
Activity 3: Fill in the Blanks
Directions: Complete the table below:
I Understand
I learned…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
The lesson helped me…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
I Need Practice
I am still confused about…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
I need to practice…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
11
Example
I need help with…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
I have a question…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
I Want More
I could use this information…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
I need to practice more on…
______________________________________
______________________________________
______________________________________
______________________________________
______________________________________
 What I Can Do

This activity will help you transfer into real-life situations the knowledge and skills
you have gained or learned from this module.

Activity 4: Fill Me Up
Directions: Complete the table below by studying, surveying and observing of how
sellers in your area set price on their product. If you are below 21 years old and
could not go out of your home, ask for parents or older siblings help. You can also
use the internet for browsing.

Name of product Pricing method (mark-up, Amount of mark-up, mark

mark down or mark-on) down or mark-on

12
 Assessment

Directions: Solve for the following problems in a sheet of paper. Choose and write
the letter of the correct answer in an answer sheet.

1. When a mall decides to put selected items on sale, they are imposing a
_______________.
a. Mark down c. mark-on
b. Mark-up d. selling price

2. During Christmas season, prices of Christmas decorations increase because

retailers are deciding to have a ________ on the prices of their items.
a. Mark down c. Mark-on
b. Mark-up d. selling price

3. To gain a profit and cover up the cost of an item, _______________ is necessary.

a. Mark down c. Mark-on
b. Mark-up d. selling price

4. The Cellphone Company sells iPhones at PhP24, 000. During a weekend sale,
the iPhone is sold at 10% discount. What is the sale price of the iPhone?
a. Php21,600.00 c. Php10,500.00
b. Php20,000.00 d. Php 15,000.00

5. Yvette’s Flower Shop imposes a 45% mark-up on cost of the roses delivered to
them for sale. The cost of each rose is Php50.00. During All Saint’s Day,
however, an additional mark-on of 30% of the regular selling price is added on.
How much is the selling price of each rose during All Saint’s Day at this flower
shop?
a. Php100.00 c. Php94.25
b. Php92.50 d. Php94.00

6. What is the mark-up of a box of pencils being sold for PhP135 if its mark-up rate
based on selling prices is 25%?
a. Php33.75 c. Php33.00
b. Php32.50 d. Php33.50

7. Julia buys notebook with a cost of PhP45. How much is the selling price and the
markup price if the markup rate is 25%?
a. Selling Price-Php56.25,MU-Php11.25
b. Selling Price-Php55.25,MU-Php11.00
c. Selling Price-Php55.00,MU-Php11.50
d. Selling Price-Php54.00,Mu-Php 10.00

13
8. Manang Crising observed that demand for fish has increased because of an
undersupply of meat in the market. She then decides to increase the price of
galunggong by Php10 per kilo. How much is the new selling price if the cost of
galunggong before the increase is Php90 per kilo plus a 35% mark-up?
a. Php85.00 c.Php131.50
b. Php105.25 d. Php 100.00

9. Julia is a retailer of a dressed chicken that costs Php105.00 each and she
sells it at Php130.00. She was forced to mark down on the selling price of her
dressed chicken because of competition. She decided to sell it at 5% mark down
on selling price. What is the amount of the mark down?
a. Php 6.00 c. Php 6.50
b. Php 6.25 d. Php 7.00

10. Jubilee bought 10 kilos of tomatoes for Php 25.00 each kilo. He imposes
10% mark-up on the cost. How much is the amount of mark-up?
a. Php 2.50 c. Php 1.00
b. Php 1.50 d. Php 2.00

11. A stall in Divisoria bought 225 blouses at PhP15,750. All of these blouses
were sold at a mark-up of 150% based on cost. What was the amount of mark-
up realized on the purchase?
a. Php 23,625 c. Php 20,800.00
b. Php 21,500.00 d. Php 500.00

12. During a Midnight Madness Sale, a board game regularly priced at PhP8,500
was sold at 55% discount. What was the amount of the mark-down?
a. Php 4,600.00 c. Php 4,080.00
b. Php 4,675.00 d. Php500.00

13. A top costs Mang Mario PhP280 and he decides to mark it up by 30% of the
cost price. What is the selling price?
a. Php 364.00 c. Php 250.00
b. Php 360.00 d. Php 100.00

14. A watch which costs PhP1,350 is being sold at PhP2,025. What is the rate of
mark-up based on cost?
a. 50% c. 25%
b. 35% d. 10%

15. Aling Ana would like to sell plates she purchased from Divisoria for
PhP18.00 each. If she would like to have a 15% profit on the cost of each item,
determine the mark-up price for each plate.
a. Php 3.7 c. Php 4.7
b. Php 2.7 d. Php 5.2

14
 Additional Activities

The activity below will reinforce the skills/knowledge you have gained from this
lesson.

Activity 5: Problem Analysis and Solving

Directions: Read and analyze the situation carefully and compute to come up with
the expected answer.

1. Aling Ana bought headband for P12.00 each. If she wants to add a markup
of 25% based on cost, how much would be the selling price of each
headband?

2. A salesman decided to mark down his vegetables offered for sale because it
is already late in the afternoon and he still have some kilos of vegetables to
dispose. If he is going to mark down the prices to 30% of the cost, how much
would be the new selling price (cost-P50.00 each vegetable)?

3. Last November 1, candlemaker Lina imposed a mark-on on her candles,

from P20.00 each bundle to P30.00 each bundle. What is the rate of the
mark on?

15
 16
Assessment
1. a
2. c
3. b
4. a
5. c
Activity 5
6. a
7. a 1. Php 15.00
8. c 2. Php 35.00
9. c 3. 50%
10.a
11.a
12.b
13.a
14.a
15.b
What I Know
Activity 2
1. A 1. a
2. A 2. c
3. B 3. b
4. A 4. a
5. A 5. c
6. C 6. a
7. A 7. a
8. A
8. c
9. A
10. C 9. c
11. A 10.a
12. C 11.a
13. D 12.b
14. A 13.a
15. A 14.a
15.b
Answer Key
References
Commission on Higher Education. Teaching Guide for Senior High School,
Philippines. 2016
“Business Math Chapter 6”, Slideshare, accessed June 19, 2020
https://www.google.com/url?sa=t&source=web&rct=j&url=https:www.slides
hare.net
“Mark-up, Mark on and Mark down”. Posted by Mikaella Dionisio, Beatriz Espino,
Danica Ng, Michelle Padilla and Kristen Uy, December 4, 2015. Video, 5:59.
https://youtube.be/jynXyAJnzRY

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