Buying and Selling

The learners will be able to

 define mark-on, mark-down and mark-up;
 differentiate mark-on, mark-down and mark-up;
 explain the reasons for using mark-on, mark-down
and mark-up;
 determine the selling price, sale price or peak
price of an item given existing conditions;
 compute for the mark-up percentage of given
commodities or services based on stated
conditions;
Cite some small and big businesses
that you are familiar with in your area.

What are the main products or

services which the said business is
known for?
Group Activity #2
Example:
 Students will sell banana cue.
 What are the basis for determining how much they should sell a stick of
banana cue for?
 When is the best time to sell those banana
cue? Why?
 Estimate the cost of the raw materials you will
need.
 How many sticks of banana cue do you
intend to sell per day?
 Estimate the materials needed per day.
 Determine the cost of raw materials.
Account the other additional expenses.
Based on the estimates, discuss the
intended selling price of your product.
Justify and defend your selling price.