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1) A T-shirt👕shop buys a shirt from the warehouse for $2 then sell it for $4. What is the markup and the percent increase?

4-2=2 the markup is 2

2/2=1 the percent increase is 100%

Real world example problems!

2) Molly went to the store and saw flip-flops👣for $12. When she went back they were on sale for $6. What is the markdown and the percent decrease?

12-6=6 the markdown is 6

6/12=0.5 the percent decrease is 50%

3) George passed the market and the watermelon🍉was $6 but the sales man put up a new sign that read $3. What is the markdown and the percent decrease?

6-3=3 the markdown is 3

3/6=0.5 the percent decrease is 50%

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Markups and markdowns

By Catrina