Markup

1
Markup

• To make a profit a store charges more for
  merchandise then they pay for it.
• The amount of increase is called markup
• The percent of increase is called the percent of
  markup

2
Markup

• A music stores percent of markup is 67. A CD
  costs the store 10.15. Find the markup
• Markup percent of markup x cost

The markup is 6.80
3
Discount/Sale Price

• When an item goes on sale , the amount of the
  price decrease is call the discount.
• The percent of decrease is called the percent of
  discount
• The original price minus the discount is called
  the sale price

4
Discount

• A video game that is regularly 39.95 is on sale
  for 20 off. What is the sale price?
• Find the discount
• Then find the sale price.

5
A video game that is regularly 39.95 is on sale
for 20 off.

• Find the discount
• Discount discount x original price
• Sale Price original price discount

The Sale Price is 31.96
6
Try These

• Find the markup
• The cost of the item is 1.5
• The percent markup is 70
• Find the discount
• The regular price is 100
• The percent of discount is 27

7
Try These

• Find the sale price
• The regular price is 180
• The percent of discount 40
• Find the sale price
• The regular price is 100
• The percent of discount is 27