PREALGEBRA (Friday)

Mark Up and Selling Price



Grocery Store Mark Ups

The amount of that the cost of an item will increase is called a MARKUP.  The increase is based on a percentage of the cost.

The SELLING PRICE is the sum of the original cost and the mark up.

HOW DO I?:  selling price = price + mark up

Consider proportion!

PROBLEM:
After discovering your fate, create a five menu item for your specific job.  Mr. V and Mr. R will be the go to sources for your supplies.  You must consider how much mark up is enough for you to stay in business and how much is too much so that you customers buy their stuff elsewhere!

GOOGLE ADVANCED SEARCH

TASK:
APP - Create a Picture of Your Place
APP - Create a Picture of Your Menu
BLOG - Post It To Your Blog

Grading:
Picture Of Place- 1 pt
Picture Of Menu- 1 pt
Correct Mathematical Procedures - 14 pts
Creativity- 2 pts