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The World of Ratios and Proportions · Weeks 1-9

Markup and Markdown

Students will calculate markup and markdown prices, understanding their application in retail.

Key Questions

  1. Differentiate between markup and markdown in pricing strategies.
  2. Analyze how a store determines the selling price of an item after markup.
  3. Evaluate the impact of a markdown on a product's original price.

Common Core State Standards

CCSS.Math.Content.7.RP.A.3
Grade: 7th Grade
Subject: Mathematics
Unit: The World of Ratios and Proportions
Period: Weeks 1-9

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