GROUP

2
Presented by Group 2
 REAL LIFE
PROBLEMS

MARK UP MARK DOWN MARK ON

 MARK UP

● A computer software retail

used a mark-up rate 40%. Find
the selling price of a computer
game that cost the retail $25.
SOLUTION
The markup is 40% of $25 cost,
so the markup is:
(0.40)(25)=10
Then the selling price, being the
cost plus markup is:
25+10=35
The item sold for $35
 PROBLEM 2
If a wallet sellls for Php30
and has a markup of Php18.
What is the cost of the item?
SOLUTION
25

20

Selling-Markup=Cost 15

×=30-18
×=12 10

The cost of wallet is 5

Php 12
0
Item 1 Item 2 Item 3 Item 4 Item 5
 PROBLEM 3

What is the selling price of

cassette that costs the retail
Php10 and is markup 70% based
on cost?
SOLUTION Item 1

Selling Price=Rate of selling

price ×Cost
Item 2

×=0.7×10 Item 3
×= 7+10
Selling price is Php17 Item 4

0 5 10 15 20 25 30
 MARKDOWN

If an item retails for $12 and

has a markdownof 50%, what
is the sale/discounted price?
SOLUTION
Sale Price = Retail Price × (1-
Markdown% as decimal)
Sale Price= $12× (1-.50)
Sale Price= $12 × .50
Sale Price= $6
 PROBLEM 2
If an item retails for $20
and has a markdown of
15%, what is the
sale/discounted price?
SOLUTION
25

20

Selling Price=Retail 15

Price × (1-Markdown
% as a decimal) 10

Sale Price=$20×(1-.15) 5

Sale Price=$20×.85
Sale Price=$17 0
Item 1 Item 2 Item 3 Item 4 Item 5
 PROBLEM 3

If an item retails for $99 and has

a markdown of 75%, what is the
sale/discounted price?
SOLUTION Item 1

Sale Price=$99×(1-.75) Item 2

Sale Price=$99×.25 Item 3

Sale Price=$24.25 Item 4

0 5 10 15 20 25 30
 MARK ON
A fast- selling item in the
department store is currently
being sold for Php 750.75.
Because of high demand for the
item, the store decided to apply a
mark-on percentage of 25%. Find
the new selling price.
SOLUTION
Given:
Selling price = 750. 75
Mark- on: 25%
Solution:
Mark-on = M * SP
Mark on = .25 (750.75)
Mark on = 187.68
mark on =SPn - SPc
187.68 = SPn -750.75
187.68+750.75 = SPn
938.43 = SPn
 PROBLEM 2
A cloth- selling item in Centro Mall is
currently sold for Php 234.35. Because
of the high price for the item, the Mall
decided to apply mark-on percentage of
20%. Find the new selling price.
SOLUTION 25

Given 20

Selling price 234.35

Mark on 20% 15

Sol . 10

Mark on = Mark on
percentage ( selling price) 5

Mark on = 0.2 (234.35)

Mark on = 46.87 0
Item 1 Item 2 Item 3 Item 4 Item 5
SOLUTION 25

20

Mark on= Selling price -

Selling price 15

46.87=New selling price -

234.35 10

46.87+234.35=281.22
281.22= new selling price 5

0
Item 1 Item 2 Item 3 Item 4 Item 5
 PROBLEM 3
Aling Nena bought 100
kilograms of mango at P120 per
kilogram. She desires to have a
20% markon rate of this
product. How much is the selling
price? how much is the total
possible profit?
SOLUTION Item 1

Given:Total quantity Item 2

bought=100kg
Initial cost= P 120
Markon rate= 20% or 0.2 Item 3

Sale Price=$24.25
Item 4

0 5 10 15 20 25 30
SOLUTION Item 1

markon?
Initial cost + MO = 120×0.2
Item 2

=24
selling price? Item 3
IC + MO =120 + 24
= 144
total Profit? Item 4

120×100 = 12,000
144×100 = 14,400 0 5 10 15 20 25 30

P14,400-P12,000 = P2,400
THANK YOU
DOCUMENTATION