COT Final Business Math

Prayer
BUSINESS MATHEMATICS
CHARITY B. OCENA
TEACHER
How are you today?
Checking of Attendance
Stand up and say

“ your (current) favorite
teacher in Simeon Ocdol
National High School”
ACTIVITY :
SMILE TOSS
Here is a short activity called
SMILE TOSS
It’s like musical chairs but

with a twist.
The person who ends up with
the smiley face balloon when
the music stop will be the one
who will answer the question
and receive the prize.
Are you ready?
Question 1
It is the amount that the seller charges to a product
which is over the cost to obtain the profit?
Mark-Up
Question 2
It is the reduction in the selling price of a product
which occur in response to a certain market
condition?
Markdown
Question 3
It is the price of a product increase after another

increase?
Mark-on
Illustrate how
MARK-UP,MARK DOWN AND MARK-ON
are obtained
Let us recall.
Mark-Up- is the amount that the seller charges to a product

which is over the cost to obtain the profit.
Markdown- is the reduction in the selling price of a product
which occur in response to a certain market condition.
Mark-on- is the price of a product increase after another
increase.
Illustrate
MARK-UP ,
MARK DOWN
AND MARK-ON
WHAT IS MARK-UP?
页
14
第
It is the amount that the seller charges to a product which is

over the cost to obtain the profit.
The amount added to the cost of an item to cover the

operating expenses and profit is known as the
markup, mark-on, or margin. It is
the difference between the cost and the selling
price of an item.
页
Let’s define
15
1 Selling Price
第
How much a buyer pays for a product or

service. It can vary depending on how
much buyers are willing to pay, how much
the seller is willing to accept, and how
competitive the price is in comparison to
other businesses in the market.
The price which the seller put on a certain
product or service.
2 Cost
The amount of money that a company

spends on the creation or production
of goods or services.
The price paid to obtain or purchase an
item.
页
How to solve?
16
第
MARK-UP Markup = Selling Price - Cost

M=S-C
Selling Price Selling Price = Cost + Markup

S=C+M
Cost = Selling Price - Markup

Cost
C=S-M
页
17
Reliable Office Supply buys printing

第
calculators from Taiwan for Php 11,075

each. If they are sold for Php13,500,
what is the amount of the markup?
Because the markup is the unknown variable, we use the

formula
For example 1 M=S-C
M = Php13,500 - Php11,075 = Php 2,425

页
18
Safeway Supermarkets sell Corn Cereal

第
for Php179 per box. If the markup on this

item is Php25, how much did the store
pay for the cereal?
Because the cost is the unknown variable, we use the

formula
For example 2 C=S-M
C = Php179 - Php25 = Php154

页
19
第
There are two ways to represent markup as a percent: based on cost and based on selling price.
The answer describes what percent the markup is of the cost; therefore, it is called
percent markup based on cost. We use the formula:
页
20
第
Blanco Industries produces

steel sinks at a cost of
Php6,777 each.
If the sinks are sold to
distributors for Php8,500
each,
For example 3 Find the amount of the
mark-up and percent mark-
up based on cost?
页
21
第
For example 3
页
22
The calculation of percent markup based on selling

第
price is the same as that for the percent markup based

on cost except that the base (the denominator)
changes from cost to selling price. We use the formula:
页
23
第
Quality Hardware & Garden

Supply purchase electric drills for
Php4,285 for each. If it sells the
drills for Php6,000, What is the
amount of the mark-up and what
is the percent mark-up based on
For example 2
selling price?
页
24
第
For example 2
Let’s try!
页
PROBLEM 1
26
第
Mementos Gift Shop pays Php205 for a picture frame. If a markup of

Php115 is added, what is the selling price of the frame?
.
PROBLEM 2
If a camera costs a retailer Php3,071 and Php2,259 markup is

added to cover operating expenses ad profit, the selling price of
the camera would be Php5,330.
页
PROBLEM 1
27
第
Mementos Gift Shop pays Php205 for a picture frame. If a markup of

Php115 is added, what is the selling price of the frame?
.
answer
S=C+M
S = Php205 + Php115 = Php320
页 PROBLEM 2
28
第
If a camera costs a retailer Php3,071 and Php2,259 markup is

added to cover operating expenses ad profit, the selling price of
the camera would be Php5,330.
answer
Cost= Php3,071
Selling price= Php5,330 Mc(%)= 2,259/3,071 x 100 Msp(%)= 2,259/5,330 x 100
Mark-Up=Php2,259 Mc(%)= 0.735591012 x Msp(%)= 0.423827392 x 100
100 Msp(%)= 42.38%
Mc(%)= 73.56 %
页
29
第
.
Quiz no. 1: Complete the table. Show your computation on a sheet of bond paper.
页
30
Assignment
第
Search
1.Define Mark-On and Markdown

2.How to solve Mark-On and Markdown
Illustrate
MARK-UP ,
MARK DOWN
AND MARK-ON
第
32
页
第
33
页
Illustrate
MARK-UP ,
MARK DOWN
AND MARK-ON
第
35
页
第
36
页
第
37
页
THANK YOU
God bless !

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Prayer

Stand up and say

It’s like musical chairs but

It is the price of a product increase after another

Mark-Up- is the amount that the seller charges to a product

It is the amount that the seller charges to a product which is

The amount added to the cost of an item to cover the

How much a buyer pays for a product or

The amount of money that a company

MARK-UP Markup = Selling Price - Cost

Selling Price Selling Price = Cost + Markup

Cost = Selling Price - Markup

Reliable Office Supply buys printing

calculators from Taiwan for Php 11,075

Because the markup is the unknown variable, we use the

M = Php13,500 - Php11,075 = Php 2,425

Safeway Supermarkets sell Corn Cereal

for Php179 per box. If the markup on this

Because the cost is the unknown variable, we use the

C = Php179 - Php25 = Php154

Blanco Industries produces

The calculation of percent markup based on selling

price is the same as that for the percent markup based

Quality Hardware & Garden

Mementos Gift Shop pays Php205 for a picture frame. If a markup of

If a camera costs a retailer Php3,071 and Php2,259 markup is

Mementos Gift Shop pays Php205 for a picture frame. If a markup of

If a camera costs a retailer Php3,071 and Php2,259 markup is

1.Define Mark-On and Markdown

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