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Markup worksheet

Grade 7 · CCSS 7.RP.A.3

Solve each problem and show your work. Round answers to 2 decimal places where needed.

  1. Problem 1.
    • Calculation: Markup from cost and price
    • Cost: $40
    • Selling price: $62

    Find: Markup

  2. Problem 2.
    • Calculation: Markup from cost and price
    • Cost: $34
    • Selling price: $48

    Find: Markup

  3. Problem 3.
    • Calculation: Price from cost and markup
    • Cost: $37
    • Markup: 56%

    Find: Selling price

  4. Problem 4.
    • Calculation: Price from cost and markup
    • Cost: $48
    • Markup: 60%

    Find: Selling price

  5. Problem 5.
    • Calculation: Price from cost and markup
    • Cost: $36
    • Markup: 45%

    Find: Selling price

  6. Problem 6.
    • Calculation: Price from cost and markup
    • Cost: $32
    • Markup: 58%

    Find: Selling price

  7. Problem 7.
    • Calculation: Price from cost and markup
    • Cost: $55
    • Markup: 74%

    Find: Selling price

  8. Problem 8.
    • Calculation: Price from cost and markup
    • Cost: $50
    • Markup: 55%

    Find: Selling price

  9. Problem 9.
    • Calculation: Markup from cost and price
    • Cost: $36
    • Selling price: $45

    Find: Markup

  10. Problem 10.
    • Calculation: Markup from cost and price
    • Cost: $38
    • Selling price: $45

    Find: Markup

Answer key: Markup worksheet

  1. 1. Markup: 55%

    1. Find your profit on each sale: the selling price minus what it cost you

      $62.00−$40.00=$22.00
    2. Divide the profit by the cost and multiply by 100. Markup measures profit against what you paid

      $22.00$40.00×100=55%
    3. For margin, divide the same profit by the price instead, to see how much of each sale you keep

      $22.00$62.00×100=35.4839%
  2. 2. Markup: 41.18%

    1. Find your profit on each sale: the selling price minus what it cost you

      $48.00−$34.00=$14.00
    2. Divide the profit by the cost and multiply by 100. Markup measures profit against what you paid

      $14.00$34.00×100=41.1765%
    3. For margin, divide the same profit by the price instead, to see how much of each sale you keep

      $14.00$48.00×100=29.1667%
  3. 3. Selling price: $57.72

    1. Find the profit to add: the cost times the markup percent

      $37.00×56%100=$20.72
    2. Add the profit to the cost to get the selling price

      $37.00+$20.72=$57.72
    3. For margin, divide the profit by the selling price, to see how much of each sale you keep

      $20.72$57.72×100=35.8974%
  4. 4. Selling price: $76.80

    1. Find the profit to add: the cost times the markup percent

      $48.00×60%100=$28.80
    2. Add the profit to the cost to get the selling price

      $48.00+$28.80=$76.80
    3. For margin, divide the profit by the selling price, to see how much of each sale you keep

      $28.80$76.80×100=37.5%
  5. 5. Selling price: $52.20

    1. Find the profit to add: the cost times the markup percent

      $36.00×45%100=$16.20
    2. Add the profit to the cost to get the selling price

      $36.00+$16.20=$52.20
    3. For margin, divide the profit by the selling price, to see how much of each sale you keep

      $16.20$52.20×100=31.0345%
  6. 6. Selling price: $50.56

    1. Find the profit to add: the cost times the markup percent

      $32.00×58%100=$18.56
    2. Add the profit to the cost to get the selling price

      $32.00+$18.56=$50.56
    3. For margin, divide the profit by the selling price, to see how much of each sale you keep

      $18.56$50.56×100=36.7089%
  7. 7. Selling price: $95.70

    1. Find the profit to add: the cost times the markup percent

      $55.00×74%100=$40.70
    2. Add the profit to the cost to get the selling price

      $55.00+$40.70=$95.70
    3. For margin, divide the profit by the selling price, to see how much of each sale you keep

      $40.70$95.70×100=42.5287%
  8. 8. Selling price: $77.50

    1. Find the profit to add: the cost times the markup percent

      $50.00×55%100=$27.50
    2. Add the profit to the cost to get the selling price

      $50.00+$27.50=$77.50
    3. For margin, divide the profit by the selling price, to see how much of each sale you keep

      $27.50$77.50×100=35.4839%
  9. 9. Markup: 25%

    1. Find your profit on each sale: the selling price minus what it cost you

      $45.00−$36.00=$9.00
    2. Divide the profit by the cost and multiply by 100. Markup measures profit against what you paid

      $9.00$36.00×100=25%
    3. For margin, divide the same profit by the price instead, to see how much of each sale you keep

      $9.00$45.00×100=20%
  10. 10. Markup: 18.42%

    1. Find your profit on each sale: the selling price minus what it cost you

      $45.00−$38.00=$7.00
    2. Divide the profit by the cost and multiply by 100. Markup measures profit against what you paid

      $7.00$38.00×100=18.4211%
    3. For margin, divide the same profit by the price instead, to see how much of each sale you keep

      $7.00$45.00×100=15.5556%