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How much money does the store make on the new sneakers you just bought? Use the video lesson to explore the formula for determining percent markup based on a selling price. The example shown explains how to determine a selling price given a percent markup and a purchase price.
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CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Have your pupils research common percent markups for different types of items
- Create a set of problems for practice after watching the video
Classroom Considerations
- Expects fluency with percent and decimal work
- This video is hosted on YouTube
Pros
- After completing the problem, the instructor checks the solution to make sure it makes sense with the given information
Cons
- Only works through one example with one set of given information; video does not show how to complete a problem if the given information is different