Percent Markup

How much money does the store make on the new sneakers you just bought? Use the video lesson to explore the formula for determining percent markup based on a selling price. The example shown explains how to determine a selling price given a percent markup and a purchase price.

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CCSS: Adaptable
Instructional Ideas

  • Have your pupils research common percent markups for different types of items
  • Create a set of problems for practice after watching the video
Classroom Considerations

  • Expects fluency with percent and decimal work
Pros

  • After completing the problem, the instructor checks the solution to make sure it makes sense with the given information
Cons

  • Only works through one example with one set of given information; video does not show how to complete a problem if the given information is different
Common Core