Basic Business:  Markups & Markdowns

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There are different ways to calculate prices.  The markup/markdown calculations presented here are based on percentage above cost and not percentage on the selling/retail price

Be careful not to confuse the 2 calculations.  For a more detailed explaination, please see what Dr. Math & AccountingTools have to say (.pdf).

  1. Mr. B’s Markup/Markdown Quick Reference (.pdf)
  2. Markdown & Markdown Practice I (.pdf)
  3. Markup & Markdown Practice II (.pdf)
  4. Markup & Markdown Practice III (.pdf form)
  5. Markup & Markdown Summative Assessment

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