MARK-UP, MARK-DOWN, MARK-ON

Mark-down is also known as

What is the mark-up if the selling price is P450.75 and the original cost of the product is P400.00?

How much is the selling price of a watch if the desired mark-down for it is at 10%, given its acquisition cost of P102.50?

This is the ratio of the increase in price to the original price

This is the ratio of the mark-up to the selling price.

Original Price- P260; MarkDown - P78; MarkDown Rate- ?

In 1995, David bought a 200 square meter lot for P200 000. This year, he is planning to sell the lot for P2 000 000. How much is the gross margin?

• P180 000

• P180 000 000

• P1 800 000

• P 2 200 000

A laptop has an original price of P 22 500. If it is sold at P 25,000 last week, what is the mark-on price if you have bought it at P 25, 500?

Calculate the gross margin rate for an item that originally costs P500 and is sold at P625.

A smartphone , which was sold at P 15, 500. 00, is marked 30% up. How much is its second selling price?