MARKUP- SELLING PRICE
Sewing machine cost
Markup on cost
Rs. Markup on cost ?
Selling price?
1500 Rs.
60 %
900 Rs.
2400 Rs.
Rs. MARKUP AND PERCENT ON COST
Selling price-floral arrangement
% Markup on cost
35 Rs.
40 Rs.
Cost?
Rs. Markup
25
10 Rs.
Formula: S = C + M
=C+0.4C
=1.4C
C=S/1.4
MARKUP AGAIN
Purchase price
2 Rs.
Sale price
2.5 Rs.
Rs. Markup?
0.5 Rs.
% Markup on sale price? 20 %
20
SELLING PRICE AGAIN
Purchase price
1500 Rs.
% Markup on sale price? 60 %
Sale price
3750 3750 Rs.
Rs. Markup?
2250 Rs.
S=C+0.6S
0.4S=C
S=C/0.4S=C/(1-mu) =C/0.4
Rs. MARKUP AND PERCENT ON COST
Sale price
35 Rs.
% Markup on sale price? 40 %
Cost?
21
21 Rs.
Rs. Markup?
14 Rs.
S=C+0.4S
0.6S=C=S(1-mus)
CONVERTING MARKUP ON SALE TO MARKUP ON COST
Markup on sale
Markup on cost?
33.3 %
50
50
muc=mus/1-% muc
MARKDOWN
Original price
Price after Markdown
Rs. Markdown? 140
% Markdown?
500 Rs.
360 Rs.
140 Rs.
28 %
MARKDOWN
Original Sale price?
Selling price
Markup
Cost
Original Sale price?
Markdown
Rs. Markdown
Reduced Price
57.75 Rs.
100 Rs.
45 Rs.
55 Rs.
105 105 Rs.
40 %
42 Rs.
63 Rs.
KUP ON COST