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LED Lamp Markdown and Markup Calculations

The document contains examples of calculating markdown, markdown rate, markup, and selling price given original and sale prices. In the first example, an LED lamp originally priced at ₱1,948 is on sale for ₱1,499, so the markdown is ₱449 and the markdown rate is 23.05%. In the second example, an appliance center pays ₱6,300 for a microwave oven and sells it at a 35% markup. The markup is calculated as ₱3,392.31 and the selling price is ₱9,692.31.

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Lhander Villamar
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4 views2 pages

LED Lamp Markdown and Markup Calculations

The document contains examples of calculating markdown, markdown rate, markup, and selling price given original and sale prices. In the first example, an LED lamp originally priced at ₱1,948 is on sale for ₱1,499, so the markdown is ₱449 and the markdown rate is 23.05%. In the second example, an appliance center pays ₱6,300 for a microwave oven and sells it at a 35% markup. The markup is calculated as ₱3,392.31 and the selling price is ₱9,692.31.

Uploaded by

Lhander Villamar
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

PAGE 81 - EXAMPLE 5

A light-emmiting diode (LED) lamp regularly priced at ₱ 1,948.00 is on sale for ₱


1,499.00. Compute the
[Link]; and
2. markdown rate.

SOLUTION
[Link] Compute the markdown, we have
Markdown = Original Selling price – Reduce Price
= ₱ 1,948.00 - ₱1,499.00
= ₱ 449.00

2. Markdown Rate = Markdown


Original Selling Price
= ₱ 449,00
₱1,948.00
= 0.2305 or 23.05%

PAGE 104 - NUMBER 1

1. An appliances center pays ₱ 6,300.00 for one microwave oven sells them at 35% markup.
Find the markup and the selling price.

SOLUTION

[Link] Compute the markup, we have

MarkUp = Selling price - Cost


= ₱ 9,629.31 - ₱6,300
= ₱ 3392.31

2. Selling Price = Cost


1-0.35
= ₱ 1,050.00
1-(0.35)
= ₱ 9,692.31

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