Mark Up and Mark Percent Review

C3 D5 : Lesson 1-4 (Part 2)

Business Mathematics

Learning Targets Evaluation

Percentage Formula, Markup based on Cost, Markup based on Selling Price, and Selling Price Change

Business Mathematics

​Instructions

• answer the three questions for each learning target

• take note of your total number of correct items.

• after the three questions, a poll will ask for the number of items you answered correctly on that specific learning target. Be honest with your answer.

Learning Target 5a - Lesson 3

3: I can calculate percent markup based on selling price, selling price when cost and percent markup based on selling price are known, and cost when selling price and percent markup based on selling price are known.

Math Response

Bright is selling a shirt for PHP1, 250. If he marked up the item 35% based on selling price, what was the original cost of the item?

Type answer here

Correct Answer: 812.5

Deg^°

Rad

Math Response

Jom is reselling a drawing kit that he bought for PHP 428.50. If he applied a 20% markup based on selling price, how much can you buy the kit?

Type answer here

Correct Answer: 535.63

Deg^°

Rad

Math Response

Nat bought a teddy bear for PHP 628.25. If he sells the bear for PHP 995.75, what percent markup based on the selling price did he apply to the item?

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: 36.91

Deg^°

Rad

Poll

For LT5:

3: I can calculate percent markup based on selling price, selling price when cost and percent markup based on selling price are known, and cost when selling price and percent markup based on selling price are known.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 5b - Lesson 3

3 I can convert percent markup based on cost to percent markup based on selling price, and vice versa.

Math Response

If a product is marked up 40% based on cost, what is its corresponding markup based on selling price?

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: 28.57

Deg^°

Rad

Math Response

If a product is marked up 32% based on selling price, what is its corresponding markup based on cost?

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: 47.06

Deg^°

Rad

Math Response

Given that an item has a gross margin of 45%, by how many percent is the markup based on cost

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: 81.82

Deg^°

Rad

Poll

For LT5b:

3: I can convert percent markup based on cost to percent markup based on selling price, and vice versa.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Learning Target 6 - Lesson 4

4a: I can determine the amount of price change and price change percent.

4b: I can compute the new price after a price change and the original price before the price change.

Math Response

A plane ticket was initially priced PHP 6,980. If the airline gives 15% markdown for their 15 year anniversary, how much will a passenger pay for the ticket?

Type answer here

Correct Answer: 5933

Deg^°

Rad

Math Response

A combo meal in a certain restaurant is on a promo where customers with a Z on their name will receive a 26% markdown. If Zee paid PHP 475 for his meal, what is the original price of the product?

Type answer here

Correct Answer: 641.89

Deg^°

Rad

Math Response

A laptop that was initially sold for PHP 34,599 is now on sale for PHP 29,999. What is the percent price change given by the seller?

(Convert your answer to percent form but do not put the percent symbol in your answer)

Type answer here

Correct Answer: -13.30

Deg^°

Rad

Poll

For LT6:

4a: I can determine the amount of price change and price change percent.

4b: I can compute the new price after a price change and the original price before the price change.

How many correct answers did you get?

• 3

  Proficient

• 2

  Advanced

• 1

  Beginning

• 0

  Needs Improvement

Reminders

Written Work 2

Date: December 2, 2024
Cycle 4 Day 2

The test is good for 50 mins

Reminders

Written Work 2

No phones and MLDs are allowed as a substitute for calculator.
No borrowing of calculator while the test is ongoing

Reminders

Written Work 2

The test paper have space for scratch work.

Only your pen/ pencil and calculator will be placed on your desk before the test.

Reminders

Written Work 2

No Test Cover, No Exam

Any question?

Written Work 2

Good luck!

Reminders

Lesson 4 Cerebry

➢ Due on Friday (August 2)

Habit # 1: Be Proactive
Habit #3: Put first things first