Creating a 4A's (Activity, Analysis, Application, and Assessment) lesson plan for teaching

about mark-up, mark-on, and mark-down involves breaking down the concepts into
manageable steps and engaging activities. Here's a sample lesson plan:

Title: Understanding Mark-Up, Mark-On, and Mark-Down

Grade Level: 7-8

Duration: 60 minutes

Objectives:

 Students will define and differentiate between mark-up, mark-on, and mark-
down.
 Students will calculate mark-up, mark-on, and mark-down percentages.
 Students will apply these concepts to real-world scenarios.

Materials:

 Whiteboard and markers

 Calculators
 Printed worksheets with practice problems
 Sample products with price tags (optional)

Activity (15 minutes): Introduction and Engagement

1. Begin the lesson by showing a few sample products with price tags to the
students.
2. Ask students if they have ever wondered how businesses decide on the prices of
their products.
3. Discuss the terms "mark-up," "mark-on," and "mark-down" and their relevance in
pricing.

Analysis (15 minutes): Explanation and Examples

1. Use the whiteboard to explain the following terms:

 Mark-Up: The amount added to the cost price to determine the selling
price.
 Mark-On: The percentage added to the cost price to determine the selling
price.
  Mark-Down: The reduction in price from the original selling price.
2. Provide examples of each concept, and calculate percentages to illustrate how
they work.
3. Have students take notes during this explanation phase.

Application (20 minutes): Practice Problems

1. Distribute worksheets with practice problems involving mark-up, mark-on, and

mark-down.
2. Ask students to work individually or in pairs to solve these problems.
3. Walk around the classroom to provide assistance and answer questions as
needed.
4. Review the answers as a class and discuss any challenging problems.

Assessment (10 minutes): Real-World Scenarios

1. Present students with real-world scenarios involving businesses and pricing

decisions.
2. Ask them to identify whether mark-up, mark-on, or mark-down is applicable in
each scenario and explain their reasoning.
3. Encourage class discussion and critical thinking.

Homework (Optional): Provide additional practice problems for homework to reinforce

the concepts learned in class.

Closure (5 minutes):

1. Summarize the key points of the lesson.

2. Ask students if they have any questions or if there is anything they'd like to
clarify.
3. Highlight the real-world applications of mark-up, mark-on, and mark-down in
business.

Extension Activity (Optional): For advanced students, introduce more complex pricing
strategies, such as discount chains, multiple mark-ups, and cumulative mark-ups, and
discuss how they are used in retail.

Note: Adjust the difficulty level and depth of the lesson plan according to the grade
level and prior knowledge of your students.