P161 and he marked it up another P89. What was the selling price of the book? Example 2 – Selling Price AUS Electronics pays P37,200 for a digital camcorder. If the markup is 19% on the cost, find the selling price. Exercises – Selling Price 1. If an item cost P67.50 and is marked up another P12.50, what would be the selling price? 2. A pair of rubber shoes costing P3,490 has a markup rate of 62%. Find the selling price. Example 1 – Markup Value RFS Sports Inc. sells home-gymnasium package for P175,000 and maintains a markup of 37% on selling price. Find the markup value. Example 2 – Markup Value The grocer purchases a gallon of mineral water for P49.50 and sells it for P56.75. What is the gross profit (markup)? Exercises – Markup Value 1. If a merchandise costing P4,290 is sold for P6,140, what is the markup rate? 2. Find the mark up on air-soft guns made in Taiwan if the cost is P5,700 and the markup is 29% of selling price. Example 1 - Cost The washing machine had a selling price of P4,792. It had been marked up P1,248. What was the cost? Example 2 - Cost A hot-and-cold water dispenser sells for P8,021.50. The markup on it is 31.5% of cost. Find the cost. Exercises - Cost 1. A dart board was selling for P2,380, which was more than P430 more than its cost. What is the cost? 2. If an electric flat iron sells for P944.64 and is marked up 15.2% on cost. What is the cost? Example 1 – Markup Rate A laser printer costing P8,750 is sold for P12,250. Find the mark up rate based on cost. Example 2 – Markup Rate A wall clock cost P608.40 and sell for P780. What is the percentage of markup based on selling price? Exercises – Markup Rate 1. A wrist watch cost P1,476 is being sold for P3,600. Find the markup rate based on cost. 2. A dining table and four chairs cost P18,150. If the buyer sells them for P22,869, what percentage of the markup based on selling price will she have? Example 1- Markdown
What are the markdown and the sale
price on an antique jar that has a regular price of P 35,800 and is on sale for 26% off the regular price? Example 2 - Markdown
A led TV which was marked down at 20% is on
sale for P 70,265. Find the regular price of the T.V. Example 1 – Trade Discount Find the net price of shirt listed at P925. The retailer is granted a 20% trade discount. Example 2 – Trade Discount A retailer paid P991.20 less for a bill of goods amounting to P3,540 after he was allowed a trade discount by the wholesaler. What was the rate of the trade discount? Example 3 - Markdown Hypatia has some shirts in her boutique that have not sold.She decides to mark them down from P850 to P550.50, what percentage did she mark did down?