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Markup Worksheet

This document contains examples of markup and margin percentage calculations for various cost and sale price amounts. It includes questions about calculating the markup percentage for a dress costing Rs. 150 and selling for Rs. 500, determining the selling price of a game with a cost of Rs. 2000 using a 40% markup rate, and finding the margin percentage for an item costing $72 and selling for $89. The document also asks the reader to calculate the markup percentage for an item costing $72 and selling for $89, and determine the markup in dollar and percentage terms for mats costing $40 each to make and selling for a total of $1,800. The final question is about calculating the margin percentage for milk cost

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Mai Saleh
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690 views1 page

Markup Worksheet

This document contains examples of markup and margin percentage calculations for various cost and sale price amounts. It includes questions about calculating the markup percentage for a dress costing Rs. 150 and selling for Rs. 500, determining the selling price of a game with a cost of Rs. 2000 using a 40% markup rate, and finding the margin percentage for an item costing $72 and selling for $89. The document also asks the reader to calculate the markup percentage for an item costing $72 and selling for $89, and determine the markup in dollar and percentage terms for mats costing $40 each to make and selling for a total of $1,800. The final question is about calculating the margin percentage for milk cost

Uploaded by

Mai Saleh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Mark-up and Margin Problems: Presents a series of math problems focused on calculating mark-up and margin to practice financial calculations.

Accounting Work sheet

Grade 11

Marke-up and Margin problems

1. Example: If the sale price of a dress is Rs. 500 and the exact cost of the dress are Rs. 150.
Calculate markup percentage.

2. A shopkeeper is using a 40% markup rate on software for computers if the cost price of a game
is Rs.2000. Calculate the selling price of a game?

3. If the cost of an item is $72 and it has a retail price of $89, what is the margin? Please round
your answer to the nearest tenth of a percent

4. For the same example as (1), what is the markup if the price is $89 and the cost is $72? Please
round your answer to the nearest tenth of a percent

5. Bev Smith makes hand-braided mats, at a cost of $40 per mat, to sell at local craft shows. She
has 30 mats on hand for the next show, and expects to sell them all for a total of $1,800. What is
Bev’s markup per mat in dollar and percentage terms?

6. A convenience store buys 1-gallon jugs of milk for $2.99 and sells them for $4.29. What is the
margin they earn on the milk? Please round your answer to the nearest tenth of a percent.

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