Mark Up, Mark On, Mark Down

1.How much must be the selling price of a Monoblock table with a production cost of P525 if the desired mark-up percentage is 28%?

• P654.00

• P672.00

• P690.00

• P700.25

How much mark-on percentage was applied to an appliance which now sells at P3,825 from its previous selling price of P2,500?

• 51%

• 52%

• 53%

• 54%

A storage drawer is sold for P1,599. The rate of mark-on used is 35% of the cost. Find the cost of storage drawer.

• P1,198.15

• P1,184.44

• P1,172.60

• P1,100.50

What must be the selling price of a cellular phone which has a production cost of P5,753 and was decided to have a markup amount of P2,128.61?

• P7,881.61

• P7,823.15

• P7,810.05

• P7,801.27

How much markdown percentage was applied to a jacket whose previous price of P798 is now sold for P654.36?

• 14%

• 16%

• 18%

• 20%

Tulips Department Store sells table lamps at a regular selling price of P360. In a period of one week, the price of the table lamp was marked down to P300. Find the markdown.