BMath Markup, Mark-on and Markdown

The price that has to be spent to produce goods or services before any profit is added.

• Cost

• Selling price

• Markup

• Margin

The price spent relative to the production and sale of commodity. Example: Rent for the store, salary of workers

• Markup

• Profit

• Operating cost

• Markon

amount added to cost price to arrive at the selling price

• Markup

• Cost

• income

• operating cost

Sales - Cost of goods sold

• Markdown

• Mark-on

• Margin

• Selling price

additional increase in the price of a product during

holidays

• Markdown

• Markup

• Mark-on

• Margin

A product originally costs ₱50 and is now sold with 50% increase. How much is the selling price?

• ₱25

• ₱50

• ₱75

• ₱100

Bagyong Tiktok has ruined some of Aling Nena’s coconut plantation which is the only seller of coconut in their barrio. What can the sellers of buko halohalo impose on their product?

• margin

• markup

• mark-on

• markdown

reduction in price because of a product’s inability to sell at its original price

• markup

• mark-on

• markdown

• discount

reduction in price for a specific purpose

• markup

• mark-on

• markdown

• discount

Shylla has a burger shop that sells burger for ₱55. How can she cover up her expenses if she’s not earning enough and Tuna Festival is coming?

• She can increase the price anytime she wants.

• She can take advantage of the festival to earn more.

• She should decrease the price and it will all be sold out.

• She can sell more if her products are affordable.