Business Mathematics – Buying and Selling

Module 4 – Mark-up and Gross Margin

Objectives:
At the end of this module you will be able to:
1. Define mark-up.
2. Illustrate how mark-up is obtained.
3. Differentiate mark-up from margins.
4. Describe how gross margins is used in sales.
Activity #1 (Motivation)
Identify familiar business and their products.

Business Products
Example: Jollibee Burger, Fries, Spaghetti
1.
2.
3.
4.
5.

Lesson Proper – Mark-up

Definition of Terms
• Mark-up - Amount of money added to cost to cover the operating expenses and
provide a profit to the business.
• Selling price - The price at which the item is actually sold.
• Cost - The price that includes all the expenses in the production of the product.
• Mark-up rate - A percentage of the cost to be added to determine the selling price of
the product.
How to determine the Mark-up value?
Mark-up percentage varies greatly depending on the nature of business. There is no
specific mark-up percentage that applies to all, but there may be an average for a particular
business.
Some of the things that need to be consider:
• How much profit does the business want?
• How much does the business need to cover all expenses?
• How much the competitor sells their product or services?
• Who is your target market?
• What quality of service would you like to provide?
Always take note that the selling price must be reasonable, competitive and suitable to its
target market. And it will not make business lose a money.

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Computations for Mark-up

Formula in finding the selling price with mark-up based on cost.
Step 1: 𝑀𝑎𝑟𝑘 𝑢𝑝 = 𝑀𝑎𝑟𝑘 𝑢𝑝 𝑅𝑎𝑡𝑒 × 𝐶𝑜𝑠𝑡
𝐌𝐔 = 𝐌𝐔𝐑 × 𝐂
Step 2: 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 = 𝐶𝑜𝑠𝑡 + 𝑀𝑎𝑟𝑘𝑢𝑝
𝐒𝐏 = 𝐂 + 𝐌𝐔
𝑠𝑒𝑙𝑙𝑖𝑛𝑔 𝑝𝑟𝑖𝑐𝑒 − 𝑐𝑜𝑠𝑡
𝑴𝒂𝒓𝒌 𝒖𝒑 𝑹𝒂𝒕𝒆 = 𝟏𝟎𝟎 × ( )
𝑐𝑜𝑠𝑡
𝑺𝑷−𝑪
𝑴𝑼𝑹 = ( ) × 𝟏𝟎𝟎
𝑪

Example: Finding the Selling Price.

1. Marisol bought bags for her store that cost Php 600 each. To make her desired profit,
Marisol must mark up each bag 32% on cost. What must be the selling price of the bag?
Solution:
Given:
Cost = Php 600
Mark up Rate = 32% or 0.32

Step 1: Find the Mark-up use the formula.

𝑴𝑼 = 𝑴𝑼𝑹 × 𝑪
𝑀𝑈 = 0.32 × 600
𝑀𝑈 = 192
Step 2: Find the Selling Price use the formula.
𝑺𝑷 = 𝑪 + 𝑴𝑼
𝑆𝑃 = 600 + 192 The selling price of Marisol’s
bag is 792 pesos.
𝑆𝑃 = 792
Example: Finding the Cost.
2. A pair of running shoes is marked up at Php 2,100 which is 60% mark-up based on
cost. What is the cost of the shoes?
Solution:
Given:
Selling Price = Php 2,100
Mark up Rate = 60% or 0.60

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Step 1: Find the Mark-up use the formula.

𝑀𝑈 = 𝑀𝑈𝑅 × 𝐶
𝑀𝑈 = 0.60𝐶
Step 2: Find the Selling Price use the formula.
𝑆𝑃 = 𝐶 + 𝑀𝑈
2100 = 𝐶 + 0.60𝐶
2100 1.60𝐶
=
1.60 1.60 The cost of the shoes is
𝐶 = 1,312.50 1,312.50 pesos.

Example: Finding the Mark-up Rate.

3. A laser printing costing Php 8,750 is sold for Php 12, 250. Find the mark-up rate based
on cost?
Solution:
Given:
Cost = Php 8,750
Selling Price = Php 12,250

Step 1: Find the Mark-up use the formula.

𝑆𝑃 = 𝐶 + 𝑀𝑈
12,250 = 8,750 + 𝑀𝑈
12,250 − 8,750 = 𝑀𝑈
3,500 = 𝑀𝑈
Step 2: Find the Mark-up Rate use the formula.
𝑀𝑈 = 𝑀𝑈𝑅 × 𝐶
3,500 = 𝑀𝑈𝑅 + 8,750
3,500 𝑀𝑈𝑅 + 8,750 The mark-up rate based on
=
8,750 8,750 cost in laser printing is
𝑀𝑈𝑅 = 40% 40%.

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 Business Mathematics – Buying and Selling

Computations of Mark up.

Formula in finding the cost with mark-up based on selling price.
Step 1: 𝑀𝑎𝑟𝑘 𝑢𝑝 = 𝑀𝑎𝑟𝑘 𝑢𝑝 𝑅𝑎𝑡𝑒 × 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒
𝑴𝑼 = 𝑴𝑼𝑹 × 𝑺𝑷
Step 2: 𝐶𝑜𝑠𝑡 = 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 – 𝑀𝑎𝑟𝑘 𝑢𝑝
𝑪 = 𝑺𝑷 − 𝑴𝑼
Example: Finding the Cost.
1. What is the cost of an item that has a selling price of Php 240 and a mark-up rate of
60% based on selling price?
Solution:
Given:
Selling Price = Php 240
Mark up Rate = 60% or 0.60

Step 1: Find the Mark-up use the formula.

𝑴𝑼 = 𝑴𝑼𝑹 × 𝑺𝑷
𝑀𝑈 = 0.60 × 240
𝑀𝑈 = 144
Step 2: Find the Cost use the formula.
𝑪 = 𝑺𝑷 − 𝑴𝑼
𝐶 = 240 − 144 The cost of the item is 96
pesos.
𝐶 = 96
Example: Finding the Mark up.
1. JPD Sports Inc. sells home-gymnasium package for Php 175, 000 and maintains a mark-
up of 37% on selling price. What is the mark-up value?
Solution:
Given:
Selling Price = Php 175,000
Mark up Rate = 37% or 0.37

Step 1: Find the Mark-up use the formula.

𝑴𝑼 = 𝑴𝑼𝑹 × 𝑺𝑷

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 Business Mathematics – Buying and Selling

𝑀𝑈 = 0.37 × 175,000
The mark-up value is Php
𝑀𝑈 = 64,750 64,750.

Mark up VS Gross Margin

Mark-up Gross Margin

Added price to the product to cover its cost A term that relates the mark up and the
and to earn profit. selling price.

Gross Margin
• It is a percentage that presents how much the earned profit of a business based on its
revenue.
• It is a quick indicator of the profit available to cover costs.
Formula of finding the Gross Margin.
𝑴𝒂𝒓𝒌 𝒖𝒑 (𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆 − 𝑪𝒐𝒔𝒕)
𝑮𝒓𝒐𝒔𝒔 𝑴𝒂𝒓𝒈𝒊𝒏 =
𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆
Example: Finding the Gross Margin.
1. A cosmetics retailer puts a storewide mark-up of 40% on its makeup products. If the
cost of a lipstick is Php 150. Compute for the gross margin and interpret its value.
Solution:
Given:
Cost = 150
Mark up Rate = 40% or 0.40

Step 1: Find the Mark-up use the formula.

𝑴𝑼 = 𝑴𝑼𝑹 × 𝑪
𝑀𝑈 = 0.40 × 150
𝑀𝑈 = 60
Step 2: Find the Selling Price use the formula.
𝑺𝑷 = 𝑪 + 𝑴𝑼
𝑆𝑃 = 150 + 60
𝑆𝑃 = 210

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Step 3: Find the Gross Margin use the formula.

𝑀𝑈
𝐺𝑀 =
𝑆𝑃
60 This means that 28.57% of
𝐺𝑀 =
210 the selling price is your
𝐺𝑀 = 28.57% profit.

Remember:
• Mark up – refers to the amount of money added to cost to cover the operating
expenses and provide a profit to the business.
• Gross Margin – It is a percentage that presents how much the earned profit of a
business based on its revenue.
Based on Cost
Step 1: 𝑀𝑎𝑟𝑘 𝑢𝑝 = 𝑀𝑎𝑟𝑘 𝑢𝑝 𝑅𝑎𝑡𝑒 × 𝐶𝑜𝑠𝑡 𝑴𝑼 = 𝑴𝑼𝑹 × 𝑪
Step 2: 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 = 𝐶𝑜𝑠𝑡 + 𝑀𝑎𝑟𝑘 𝑢𝑝 𝑺𝑷 = 𝑪 + 𝑴𝑼
Based on Selling Price
Step 1: 𝑀𝑎𝑟𝑘 𝑢𝑝 = 𝑀𝑎𝑟𝑘 𝑢𝑝 𝑅𝑎𝑡𝑒 × 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 𝑴𝑼 = 𝑴𝑼𝑹 × 𝑺𝑷
Step 2: 𝐶𝑜𝑠𝑡 = 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑅𝑖𝑐𝑒 − 𝑀𝑎𝑟𝑘 𝑢𝑝 𝑪 = 𝑺𝑷 − 𝑴𝑼

References:
• Elenzano, M., et. al. (2018). Math Today’s Work Business Mathematics. Quezon City:
Pheonix Publishing House.
• Lim, Y., et. al. (2016) Math Engaged Learning Business Mathematics. Quezon City:
SIBS Publishing House.
• Mariano, N., (2016). Business Mathematics. Manila: Rex Bookstore, Inc.
• https://www.youtube.com/watch?v=KTTkGU6O1Jk&t=550s

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Activity Sheet #4
Mark-Up and Gross Margin
Name: _______________________________ Year & Section: ______________
School Branch: ________________________ Date: _______________________

Direction: Solve the following problem completely.

1. A car dealer advertises a 7% mark up over cost. Find the selling price of a car that cost the
dealer $13,000.
2. An item costing $46 is being sold for $69. Find Mark up and Mark up rate.
3. A computer store uses a mark up rate of 45%. If a computer sells for $580, what was the
cost of the computer?
4. A ring the cost a jeweller $360 sells for $630. Find the mark-up rate.
5. A cell-phone company puts a storewide mark-up of 25% on its mobile phone products. If
the cost of a mobile phone is Php 10,000. Compute for the gross margin and interpret its
value.

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 Business Mathematics – Buying and Selling

Module 5 – Mark-down

Objectives:
At the end of this module you will be able to:
1. Define mark-down.
2. Illustrate how mark-down is obtained.
Activity #1 (Motivation)
Question:
• Why do businesses put a sale or discount on the price of their product?
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________

Lesson Proper – Mark-down

Definition of terms
• Mark-down is also known as discount it is the amount deducted from the selling
price of an item.
• Selling Price – the price at which the item is actually sold.
• Sale Price – the discounted price of an item from the regular selling price.
• Markdown Rate or Discount Rate – a percent of the original selling price.
Why do businesses put Markdown?
➢ To entice customers to buy more items
➢ To make the price appealing
➢ To get rid of slow – moving merchandise
➢ To stimulate increased sales
➢ To meet the prices of competitors
➢ To draw customers in and get them looking at other products that have a higher mark
up.
Computations for Mark-down.
Steps to compute Sale Price
Step 1: 𝑀𝑎𝑟𝑘 𝑑𝑜𝑤𝑛 = 𝑀𝑎𝑟𝑘 𝑑𝑜𝑤𝑛 𝑅𝑎𝑡𝑒 × 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒
𝑴𝑫 = 𝑺𝑷 × 𝑴𝑫𝑹
Step 2: 𝑆𝑎𝑙𝑒 𝑃𝑟𝑖𝑐𝑒 = 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 – 𝑀𝑎𝑟𝑘 𝑑𝑜𝑤𝑛
𝑺𝒂𝑷 = 𝑺𝑷 − 𝑴𝑫
Or : 𝑆𝑎𝑙𝑒 𝑃𝑟𝑖𝑐𝑒 = 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 – (𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 × % 𝑜𝑓 𝑀𝑎𝑟𝑘𝑑𝑜𝑤𝑛)
𝑺𝒂𝑷 = 𝑺𝑷 − (𝑺𝑷 × %𝑴𝑫)

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 Business Mathematics – Buying and Selling

Example: Finding the Mark down and Sale price

1. The appliances store put their items on sale. What are the markdown and the sale
price of a smart television that has a regular price of Php 25, 800 and is on sale for
25% off the regular price?
Solution:
Given:
Selling Price = Php 25,800
Mark down Rate = 25% or 0.25

Step 1: Find the Markdown use the formula.

𝑴𝑫 = 𝑴𝑫𝑹 × 𝑺𝑷
𝑴𝑫 = 𝟎. 𝟐𝟓 × 𝟐𝟓, 𝟖𝟎𝟎
𝑴𝑫 = 𝟔, 𝟒𝟓𝟎
Step 2: Find the Sale Price use the formula.
𝑺𝒂𝑷 = 𝑺𝑷 − 𝑴𝑫
𝑺𝒂𝑷 = 𝟐𝟓, 𝟖𝟎𝟎 − 𝟔𝟒𝟓𝟎
𝑺𝒂𝑷 = 𝟏𝟗, 𝟑𝟓𝟎

The Markdown is Php 6,450 and the Sale Price is Php 19,350.

Example: Finding the Mark down Rate:

2. A shoe store declares to reduce the prices of their running shoes. If the average selling
price of a running shoes is Php 6, 500 and its sale price is Php 4, 940. What are the
Mark down and Mark down Rate?

Solution:
Given:
Selling Price = Php 6,500
Sale Price = Php 4,940

Step 1: Find the Mark down use the formula.

𝑺𝒂𝑷 = 𝑺𝑷 − 𝑴𝑫
𝟒, 𝟗𝟒𝟎 = 𝟔, 𝟓𝟎𝟎 − 𝑴𝑫

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 Business Mathematics – Buying and Selling

𝑴𝑫 = 𝟔, 𝟓𝟎𝟎 − 𝟒, 𝟗𝟒𝟎
𝑴𝑫 = 𝟏, 𝟓𝟔𝟎
Step 2: Find the Mark down Rate use the formula.
𝑴𝑫 = 𝑴𝑫𝑹 × 𝑺𝑷
𝟏, 𝟓𝟔𝟎 = 𝑴𝑫𝑹 × 𝟔, 𝟓𝟎𝟎
𝟏, 𝟓𝟔𝟎 𝟔𝟓𝟎𝟎𝑴𝑫𝑹
=
𝟔, 𝟓𝟎𝟎 𝟔, 𝟓𝟎𝟎
𝑴𝑫𝑹 = 𝟎, 𝟐𝟒 𝒐𝒓 𝟐𝟒%

The Markdown is Php 1,560 and the Mark down Rate is 24%.
19,350.

Activity 2: Try This!

Direction: Fill in the blank in the table below.
Selling Price Sale Price Markdown Markdown Rate
Php 2,150.25 Php 449.75
Php 4,230 24%

Remember:
• Markdown – refers to the amount deducted from the selling price of an item.
Computations for Mark-down.
Steps to compute Sale Price
Step 1: 𝑀𝑎𝑟𝑘 𝑑𝑜𝑤𝑛 = 𝑀𝑎𝑟𝑘 𝑑𝑜𝑤𝑛 𝑅𝑎𝑡𝑒 × 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒
𝑴𝑫 = 𝑺𝑷 × 𝑴𝑫𝑹
Step 2: 𝑆𝑎𝑙𝑒 𝑃𝑟𝑖𝑐𝑒 = 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 – 𝑀𝑎𝑟𝑘 𝑑𝑜𝑤𝑛
𝑺𝒂𝑷 = 𝑺𝑷 − 𝑴𝑫
Or
𝑆𝑎𝑙𝑒 𝑃𝑟𝑖𝑐𝑒 = 𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 – (𝑆𝑒𝑙𝑙𝑖𝑛𝑔 𝑃𝑟𝑖𝑐𝑒 × % 𝑜𝑓 𝑀𝑎𝑟𝑘𝑑𝑜𝑤𝑛)
𝑺𝒂𝑷 = 𝑺𝑷 − (𝑺𝑷 × %𝑴𝑫)

References:
• Elenzano, M., et. al. (2018). Math Today’s Work Business Mathematics. Quezon City: Pheonix
Publishing House.
• Lim, Y., et. al. (2016) Math Engaged Learning Business Mathematics. Quezon City: SIBS Publishing
House.
• Mariano, N., (2016). Business Mathematics. Manila: Rex Bookstore, Inc.
• https://www.youtube.com/watch?v=u6fENRh6HgA&t=13s

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Activity Sheet #5
Mark-Down
Name: _______________________________ Year & Section: ______________
School Branch: ________________________ Date: _______________________

Direction: Solve the following problem completely.

1. A t-shirt has a regular price of $49.95. After a markdown of 30%. What is the Sale
price?
2. After having been reduced 75% in price. A sweater is on sale for $15, What was the
regular price?
3. The original price of Samsung S7 Edge is $672. Best buy is having a sale, and all cell
phones are discounted 35%. What was the discounted price of the Samsung S7 Edge
phone?
4. A shoe store declares to reduce the prices of their running shoes. If the average selling
price of a running shoes is Php 5, 500 and its sale price is Php 3, 250. What are the
Mark down and Mark down Rate?
5. The SM appliances store put their items on sale. What are the markdown and the sale
price of a smart refrigerator that has a regular price of Php 35, 999 and is on sale for
35% off the regular price?

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 Business Mathematics – Buying and Selling

Module 6 – Mark-on

Objectives:
At the end of this module you will be able to:
1. Define mark-on.
2. Illustrate how mark-on is obtained.
Activity #1 (Motivation)
Question:
When do business put mark-on on their prices?
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________

Lesson Proper – Mark-on

Definition of Mark-on
• Mark-on – A temporary mark up on certain products to take advantage of the high
demand during peak seasons or special occasions.
Computation for Mark-on
𝑴𝒂𝒓𝒌 𝒐𝒏 = 𝑷𝒆𝒂𝒌 𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆 – 𝑹𝒆𝒈𝒖𝒍𝒂𝒓 𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆
𝑴𝑶 = 𝑷𝑺𝑷 − 𝑹𝑺𝑷
Where:
MO = Mark On
PSP = Peak Selling Price
RSP = Regular Selling Price

Example: Finding the Peak Selling Price.

1. Mang Jose observes that market goers prefer to buy fish from him because there is an
undersupply of meat in the market this season. He then decided to increase the price
of bangus by Php 20 per kilo. If the cost of bangus is Php 100 per kilo with a 35%
mark-up, what is its new selling price with the additional increase of Php 20?

Solution:

Given:

Mark on = 20
Cost = 100
Mark up Rate = 35% or 0.35

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Step 1: Find the Mark-up use the formula.

𝑴𝑼 = 𝑪 × 𝑴𝑼𝑹
𝑴𝑼 = 𝟏𝟎𝟎 × 𝟎. 𝟑𝟓
𝑴𝑼 = 𝟑𝟓

Step 2: Find the Regular Selling Price use the formula.

𝑹𝑺𝑷 = 𝑪 + 𝑴𝑼
𝑹𝑺𝑷 = 𝟏𝟎𝟎 + 𝟑𝟓
𝑹𝑺𝑷 = 𝟏𝟑𝟓

Step 3: Find the Peak Selling Price use the formula.

𝑷𝑺𝑷 = 𝑹𝑺𝑷 + 𝑴𝑶
𝑷𝑺𝑷 = 𝟏𝟑𝟓 + 𝟐𝟎
𝑷𝑺𝑷 = 𝟏𝟓𝟓

The Php 155 is the new selling price of the bangus per kilo.

Example: Finding the cost

2. What is the cost of a souvenir package being sold for Php 800 in a special event if the
mark-up is set at a rate of 25% of the cost with an approved 10% mark-on rate based
on the cost price included?
Solution:
Given:
Peak Selling Price = 800
Mark-up Rate = 25% or 0.25
Mark-on Rate = 10% or 0.10

Use the formula with the Peak Selling Price.

𝑷𝑺𝑷 = 𝑹𝑺𝑷 + 𝑴𝑶
Let’s derived the formula above we all know that the Regular Selling Price is taken by
Adding the Cost and Mark-up value.
𝑷𝑺𝑷 = 𝑪 + 𝑴𝑼 + 𝑴𝑶
To get the Mark-up we just simply multiply the Mark-up Rate and the cost. To get the Mark
on we just simply multiply the Mark on Rate and the cost.
𝟖𝟎𝟎 = 𝑪 + 𝟎. 𝟐𝟓𝑪 + 𝟎. 𝟏𝟎𝑪
𝟖𝟎𝟎 𝟏. 𝟑𝟓𝑪
=
𝟏. 𝟑𝟓 𝟏. 𝟑𝟓
𝑪 = 𝟓𝟗𝟐. 𝟔𝟎 𝒐𝒓 𝟓𝟗𝟑
The cost of the souvenir package cost of Php 593.

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 Business Mathematics – Buying and Selling

Example: Finding the Regular Selling Price

3. What is the regular selling price of a souvenir package being sold for Php 800 in a
special event if the mark-up is set at a rate of 25% of the cost with an approved 10%
mark-on based on a cost price include?
Solution:
Given:
Cost = 593
Mark-up Rate = 25% or 0.25
Mark on Rate = 10% or 0.10

Step 1: Find first the Mark-up use the formula.

𝑴𝑼 = 𝑴𝑼𝑹 × 𝑪
𝑴𝑼 = 𝟎. 𝟐𝟓 × 𝟓𝟗𝟑
𝑴𝑼 = 𝟏𝟒𝟖. 𝟐𝟓
Step 2: Solve for the Regular Selling Price use the formula.
𝑹𝑺𝑷 = 𝑪 + 𝑴𝑼
𝑹𝑺𝑷 = 𝟓𝟗𝟑 + 𝟏𝟒𝟖. 𝟐𝟓
𝑹𝑺𝑷 = 𝟕𝟒𝟏. 𝟐𝟓

The regular selling price of the souvenir package is Php 741.25.

Remember:
Mark on
• A temporary mark up on certain products to take advantage of the high demands
during peak seasons or special occasions.
• The price is immediately returned to its original level when the demand for the
product also returns to normal level.
𝑴𝒂𝒓𝒌 𝒐𝒏 = 𝑷𝒆𝒂𝒌 𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆 – 𝑹𝒆𝒈𝒖𝒍𝒂𝒓 𝑺𝒆𝒍𝒍𝒊𝒏𝒈 𝑷𝒓𝒊𝒄𝒆

References:
• Elenzano, M., et. al. (2018). Math Today’s Work Business Mathematics. Quezon City:
Pheonix Publishing House.
• Lim, Y., et. al. (2016) Math Engaged Learning Business Mathematics. Quezon City:
SIBS Publishing House.
• Mariano, N., (2016). Business Mathematics. Manila: Rex Bookstore, Inc.
• https://youtu.be/2KootwjPGTE

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 Business Mathematics – Buying and Selling

Activity Sheet #6
Mark-On
Name: _______________________________ Year & Section: ______________
School Branch: ________________________ Date: _______________________

Direction: Solve the following problem completely.

1. Sally observes that market goers prefer to buy flowers from her because the
valentine season is coming. She then decided to increase the price of rose by Php 5
per piece. If the cost of rose is Php 15 per pieces with a 15% mark-up, what is its
new selling price with the additional increase of Php 5?

2. What is the cost and regular selling price of a flower bouquet being sold for Php
400 in a special event if the mark-up is set at a rate of 25% of the cost with an
approved 10% mark-on rate based on the cost price included?

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