Scribd
Upload
603 views3 pages

Business Math: Discounts and Markups

This document contains the notes from a business math class. It includes multiple choice questions with the correct answers, examples of discount calculations for different products, and an assessment with calculations of markups and markdowns on various items. It provides the costs and selling prices of products and calculates the dollar amounts and percentages of markups and markdowns based on either cost or selling price.

Uploaded by

Phoebe Rafunsel Sumbongan Juyad
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
603 views3 pages

Business Math: Discounts and Markups

This document contains the notes from a business math class. It includes multiple choice questions with the correct answers, examples of discount calculations for different products, and an assessment with calculations of markups and markdowns on various items. It provides the costs and selling prices of products and calculates the dollar amounts and percentages of markups and markdowns based on either cost or selling price.

Uploaded by

Phoebe Rafunsel Sumbongan Juyad
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

Phoebe Rafunsel S.

Juyad Grade12 Luca Pacioli

Business math week 5

What I know

Multiple choice:

1. C
2. A
3. A
4. B
5. C

What’s new:

1. P 22,705.00
2. P 45, 990.00
3. P 24,695.00
4. P 44,459.00
5. P 23,900.00
6. P 11,998.00

How much will the customer pay if the store offers 5% discount rate for the air condition unit?

P 23,900-5%= P 22,705

C. How much will the customer pay if the seller gives 10% and 5% series of discount for the television?

P 24,695-10%= P 22,225.5

P 24,695- 5%= P 23,460.25


Activity 1

1. ⬆️
2. ⬇️
3. ⬆️
4. ⬇️
5. ⬆️
6. ⬇️
7. ⬇️
8. ⬆️
9. ⬇️
10. ⬆️

Assessment

Cost Selling price Mark-up/Mark Rate based on Rate based on


down cost selling price
Php 25.00 Php 30.00 Php 5.00 20% 17%
Php 280. 00 Php 220.00 Php 60.00 21% 27%
Php 350.00 Php 500.00 Php 150.00 43% 30%
Php 450.00 Php 250.00 Php 200.00 44% 80%

B. Show your solution

1. An optical shop sells a pair of contact lenses for Php 1,200.00. If they wish to lower its price to Php
900.00.

a. How much is the mark down?

M= S- C

M= 1,200-900

M= Php 300

b. What rate of markdown should they offer?

M/C= 300/900=33%
2. An appliances center sells a washing machine at a mark up of 15% of the selling price. The cost of the
washing machine is Php 7,500 or find the:

a. Selling price

S=C+M

S= 7,500+0.15s

0.85s=7,500

0.85s/0.85=7,500/0.85

S= Php 8,823.53

b. Mark up?

M=S-C

M= 8,823.53-7,500

M= 1,323.53

3. Find the mark up rate based on cost if the pair of shoes costs Php 1,500 and the selling price is Php
1,800.

M=S-C

M= 1,800_-1,500

M= 300

300/1,500= 0.2 or 20%

You might also like