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Markup and Markdown Worksheet Answer Key PDF Form

Markup and Markdown Worksheet Answer Key PDF Form

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Instructions and help about markups and markdowns worksheet

ok today we're going to be looking at markups and markdowns now we've done sales tax we've done discounts and this is all very very similar you can use the percent proportion to solve this problem like I said again don't feel like you have to memorize a bunch of proportions this is all the same thing you just have to think ok well what is the mark-up well the market is the difference between the cost price and the selling price meaning if you have you go to Walmart and buy a toothbrush and you buy it for $3 well more than likely Walmart did not buy that for $3 they bought it for a lot less but they mark up the price and we are going to be looking at what is the mark-up in a percent markdown is the same kind of like same thing as like a discount and you're reducing the price all right example number 1 and this is a percent so we will be using a percent proportion to solve so let's go ahead and write us out a proportion we know we're going to have a percent over 100 if you see a percent

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