Math: Creating a Story Problem
Prewriting: Selecting a topic
· Retail Marketing
· Nutrition
· Taxation
· Geometry
· Percentage
- I chose retail marketing, getting the selling price.
Finding facts on retail marketing:
· Get a receipt and compute the retail price from a wholesale order
Quantity: 24 pieces
Description: A catsup brand at 25g
Unit Price: 1.95
Amount: 46.80
Writing: Creating a story problem
· State the problem
How to get the selling price and profit?
· Show the operation
Selling price is equal to total cost multiply by one and 20 percent mark up price.
Selling price = 46.80 x (1+0.20)
Selling price = 46.80 x 1.20
Selling price = 56.16
· Write the solution
Therefore, the unit price of 1.95 multiply to 20 percent mark up rice is 0.39
So, you will add 0.39 to the unit price yielding to 2.34 or round off to 2.50.
Once you get the profit, just multiply 2.50 to 24 as it represents the pieces of the product, getting 60.
