Activity 1 Directions: Complete the following table by computing the Peso Mark-up and the Percent Mark-up.
Items
Banana Cake
Carrot Cake
Chocolate Cake
Yema Cake
Red Velvet Cake
Buying Price
175.00
185.00
395.00
385.00
450.00
Selling Price
350.00
375.00
650.00
650.00
550.00
Peso Mark-Up
% Mark-Up
Items
Banana Cake
Carrot Cake
Chocolate Cake
Yema Cake
Red Velvet Cake
Buying Price
175.00
185.00
395.00
385.00
450.00
Selling Price
350.00
375.00
650.00
650.00
550.00
Peso Mark-Up
% Mark-Up
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Answer:
This is the Formula for Mark-up Percentage
Markup Percentage
Markup Percentage= Selling Price - Buying Price x100
Markup Percentage= Selling Price - Buying Price x100 Buying Price
Example:
Buying Price = 100
Selling Price = 125
Therefore, the Percent Mark up is 25%