A.

Find the values of the missing variables, which are defined as follows:

S – selling price
Mo – original price
Mu – markup
Md – markdown
Mg – gross margin
R – markup, markdown, and gross margin rate

1. Mo P150 2. Mo P300 3. Mo P260

Mu P105 Mu Mu P78
S S P501 S
r r r

4. Mo P720 5. Mo P300 6. Mo P425

Mu Mu P57 Mu
S P500 S S P561
r r r

7. Mo P425 8. Mo 9. Mo
Mu Mu P144 Mu P1,008.75
S S P1,344 S P2,353.75
r 34% r r

10. Mo
Mu
S P4,275
r 42.50%

B. Solve each problem.

11. An item, which originally costs P5,500, is marked 25% off. What is the new selling price?

12. An item that regularly sells for P7,800 is marked down to P6,240. What is the markdown rate?

13. A bicycle spare parts shop pays its supplier P400 for a bicycle wheel, and then sells it to a biker for P544. What is the
markup rate?

14. A shoe store applies a 40% markup rate on the production cost. Find the production cost of a pair of shoes that sells
for P1,750.

15. A shop that buys and sells foreign currencies buys a US dollar at P44. If the shop applies a 5% markup rate, what is its
selling price for a US dollar?
 C. Find the values of the missing variables, which are defined as follows:

S – selling price
Mo – original price
D – amount of discount
R – discount rate

1. Mo P120 2. Mo 3. Mo P300
D D P225 D
S S P775 S P195
r 20% r r

4. Mo P450 5. Mo 6. Mo
D P189 D P265.50 D
S S S P312
r r 50% r 60%

7. Mo 8. Mo P2,750 9. Mo P45,500
D P142.50 D P1,113.75 D
S S S
r 95% r r 3%

10. Mo P30,000
D
S P16,500
r

D. Determine the total discount and the selling price.

Original Price Discount Series Total Discount Selling Price

11. P5,000 40/10
12. P15,000 35/20
13. P10,500 30/5
14. P20,000 30/20/10
15. P34,600 25/10/5

E. Solve each problem.

16. An air conditioner, which was originally priced at P15,600, is on sale at 30% off. How much will you save if you will
buy it?

17. If you got aP3,600 discount when you purchased a flat-screen television set that is on sale at 6% off, what was its
original price?

18. A branded bag that originally costs P1,750 is marked 25% off. How much is the discount? How much is the selling
price?

19. During a weekend sale, a cabinet was sold at P3,136.50. This price was obtained when a 15% discount was applied.
What was its original price?
20. The original price of a motorbike is P111,500. How much will you pay if you get a 10% discount?