Week 3 - Mark-up, Markdown, and Margin

What is the total cost of Casio calculator that costs P1200 with a markup of 75%?

• P2100

• P1275

• P300

• P900

It is the amount at which the product is to be sold

• Production Cost

• Selling Price

• Mark up Percentage

• Mark up Amount

It is an arbitrary percentage of the production cost that the company wanted to add to determine the selling price of the product

• Mark up Percentage

• Margin Percentage

• Markdown Percentage

• Amount Percentage

It is a temporary mark-up on certain products to take advantage of the high demand during peak sales like

• Mark on

• Markdown

• Mark up

• Margin Diaz

The difference between the original selling price and the markdown amount (or the reduction price) is the result of new selling price of the item.

• Markup

• Mark on

• Margin

• Markdown

A Realme 8 pro that originally priced at P16,990 is marked 5% off. What will be the sale price of Realme 8 pro?

• P849.50

• P16,140.50

• P894.50

• P14,410.50

Hanabishi Stand Fan that regularly sells for P1,562 is now selling it for P1,200. What is the markdown percentage or the discount rate from the original cost?

• 23.17%

• 32.17%

• 23.18%

• 32.18%

What is the margin percentage that was applied to double burner stove which was produced at a cost of P1,200 and which has selling price of P1,526?

• 21.63%

• 23.61%

• 23.64%

• 21.36%

How much is the cost of banana cake which has been marked up 15 pesos and has mark-up rate of 25%?

• 50 pesos

• 60 pesos

• 55 pesos

• 65 pesos

What is true about Margin and Markup

• Margin percentage and markup percentage are numerically equivalent

• Mark up amount and mark up amount are not numerically equivalent

• Mark-up and margin helps you to set your selling price and measure productivity to avoid loss or pagkalugi in your business

• All of the options are correct