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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%