# 13 Markup Percentage

Markup percentage is what percentage of profit you make for each item you sell. If you want to make a 30% profit, for example, on each item you sell, you need to calculate how much it costs you to make that item. Let’s say it costs you $0.35 to make one scone. How much should you charge for that scone to make a 30% profit? Here is a formula you can use: For the scone price, you would set it up like this:$0.35 + ($0.35 30%) = Selling price How would you put 30% into decimal form? Here are some examples: • 20% 0.2 • 87% 0.87 • 62% 0.62 • 15% 0.15 Returning to the problem above:$0.35 + ($0.35 0.3) = Selling price$0.35 + ($0.105) =$0.455, rounded to $0.46 If you want to make 30% profit on your scones, you would sell them for$0.46.

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## Purpose

To practice calculating the the markup percentage of various bakery items.

## Outcomes

By completing this assignment, you will be able to…

• Understand what markup percentage means.
• Calculate the markup percentage of given bakery items.

## Instructions

To complete this assignment…

2. Be sure to show how you set up each problem.

## Tips for Success

To help in the completion of this assignment, make sure to:

• Include how you set up each problem in order to get credit.

Markup Percentage Assignment

1) If it costs $0.39 to make a doughnut, and you need to make a 50% profit, what would you charge for the doughnut? 2) If it costs$0.97 to make a croissant, and you need to make a 45% profit, what would you charge for the croissant?

3) If it costs $2.14 to make a cherry pie, and you need to make a 60% profit, what would you charge for the pie? 4) If it costs$0.28 to make a large chocolate chip cookie, and you need to make a 75% profit, what would you charge for the cookie?

5) If it costs $2.36 to make a sausage roll, and you need to make a 50% profit, what would you charge for the sausage roll? 6) If it costs$3.56 to make a quarter-sheet cake, and you need to make a 65% profit, what would you charge for the cake?

7) If it costs $1.23 to make a large bran muffin, and you need to make a 35% profit, what would you charge for the muffin? 8) If it costs$1.57 to make six cupcakes, and you need to make a 70% profit, what would you charge for the cupcakes?

9) If it costs $3.14 to make a chocolate cream pie, and you need to make a 55% profit, what would you charge for the pie? 10) If it costs$0.78 to make a maple bar, and you need to make a 35% profit, what would you charge for the maple bar?

11) If it costs $1.09 to make an apple fritter, and you need to make a 65% profit, what would you charge for the apple fritter? 12) If it costs$1.76 to make an 8-inch round cake, and you need to make a 50% profit, what would you charge for the cake?

13) If it costs $0.69 to make a raspberry turnover, and you need to make a 75% profit, what would you charge for the turnover? 14) If it costs$1.42 to make a dozen cookies, and you need to make a 45% profit, what would you charge for the cookies?

15) If it costs $1.98 to make an eclair, and you need to make a 40% profit, what would you charge for the eclair? 16) If it costs$2.56 to make a loaf of sourdough bread, and you need to make a 65% profit, what would you charge for the bread?

17) If it costs $1.21 to make a dozen dinner rolls, and you need to make an 80% profit, what would you charge for the dinner rolls? 18) If it costs$0.54 to make six biscuits, and you need to make a 25% profit, what would you charge for the biscuits? 