MAT111 WEEK 13

LEARNING OBJECTIVE 1:

Students need to know basic terms in retailing.

👉🏼 Refer Pg. 32

👉🏼 Watch Video V1W13 above

LEARNING OBJECTIVE 2:

Students need to know how to calculate markup and mark down.

👉🏼 Refer Pg. 33 - 34

👉🏼 Watch Video V1W13 above (from minute 9:01)

👉🏼 Do Exercise 1 (No. 1, 2, 3) Pg. 34 - 35

👉🏼 Do Exercise 8 (No. 1, 2) Pg. 36

LEARNING OBJECTIVE 3:

Students need to know how to compute selling price, gross profit, net profit, loss and break-even.

👉🏼 Refer Pg. 37 - 38

👉🏼 Watch Video V2W13 above

👉🏼 Do Exercise 3 (No. 1, 2, 3) Pg. 39 - 40

EXTRA EXERCISE:

👉🏼 Do Exercise 4 (Pg. 41)

👉🏼 Watch Video V3W13 for solution with explanation. (No. 1, 2, 3)