Mark Up Mark Down

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📚 Part 1: Understanding Mark Up and Mark Down

Mark Up: When a store increases the price of an item to make a profit. The mark up amount is added to the original price.

Mark Down: When a store decreases the price of an item (like a sale or discount). The mark down amount is subtracted from the original price.

Example: A toy costs the store $10. They mark it up by $3. The selling price is $10 + $3 = $13.

Example: A shirt originally costs $20. It's marked down by $5. The sale price is $20 - $5 = $15.

1. A store buys a book for $8 and marks it up by $4. What is the selling price?

$12

$32

2. A jacket originally costs $60. It's marked down by $15. What is the sale price?

$15

$45

$60

$75

3. Which of these are examples of mark down? (Check all that apply)

50% off sale

Clearance items

Store adds profit to cost

Back-to-school discounts

✏️ Part 2: Problem Solving

4. A bicycle costs the store $120. The store marks it up by $30. What is the final selling price?

Final price: $__________

5. Sarah sees a video game that originally costs $50. The store has marked it down by $12. How much will Sarah pay for the game?

Sarah will pay: $__________

6. A furniture store buys a chair for $80 and sells it for $120. What was the mark up amount?

Mark up amount: $__________

7. Tommy bought a baseball glove on sale for $35. The original price was $50. What was the mark down amount?

Mark down amount: $__________

🎯 Part 3: Word Problems

8. Maria's mom owns a clothing store. She bought 20 t-shirts for $5 each. She wants to mark them up by $7 each. What will be the selling price of each t-shirt?

Selling price per t-shirt: $__________

9. During a holiday sale, a toy store marked down all puzzles by $8. If a puzzle originally cost $25, what is the sale price? Explain whether this is a mark up or mark down and why.

Sale price: $__________

10. A bookstore bought dictionaries for $15 each and sold them for $23 each. Later, they put the remaining dictionaries on clearance for $18 each. Find both the original mark up amount and the clearance mark down amount.

Original mark up: $__________ Clearance mark down: $__________

Mark Up Mark Down

Mark Up Mark Down

📚 Part 1: Understanding Mark Up and Mark Down

✏️ Part 2: Problem Solving

🎯 Part 3: Word Problems

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