Markup and Markdown in Two Steps
Written by Adi Ackerman, Head Teacher
"Markup and Markdown in Two Steps" is written for 7th Grade (Ages 12-13), and it covers Common Core 7.RP.A.3. A 6th grader who is already steady on percents can use it too, and an older student can use it as a short review.
7th grade math worksheet: find final prices and net percent change after a markup and markdown, like a $40 lamp up 50% then down 20%. Answer key included. Part of our percent word problems percents collection. Aligned to Common Core standards.
How do I use this worksheet?
Use Multi-Step Percent Word Problems as a starting point, then pick sheets by skill. Ask students to show their work, since most problems have two steps.
What students will practice
- Students will find a price after a markup and then after a markdown.
- Students will find the net percent change from the first price.
- Students will label each change as an increase or a decrease.
Curriculum Links
Common Core State Standards
Ratios and Proportional Relationships · 7th Grade
Standard: Use proportional relationships to solve multistep ratio and percent problems.
View all 7.RP.A.3 worksheets →Find this in the curriculum
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FAQ
How do I use this percent word problems worksheet?
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Use Multi-Step Percent Word Problems as a starting point, then pick sheets by skill. Ask students to show their work, since most problems have two steps.
What does this worksheet teach?
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Find final prices and net percent change after a markup and markdown, like a $40 lamp up 50% then down 20%. The directions on the page read: Find each new price. Write the final price and the net percent change from the first price, with the word increase or decrease. An answer key is included.
Can I use this percent word problems worksheet for homeschool or classroom?
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Yes, both. We made it for 7th grade percents, and it works the same at home or at school. At home, a student can work through it alone and then go over it with you, which shows quickly what is solid and what needs another look. In class it works as independent practice, homework or a warm-up, and you can print one copy or a full set.
What kinds of percent problems are on these sheets?
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They cover discounts, sales tax, tips, markups and markdowns, percent increase and decrease, and simple interest. Each sheet focuses on a few of these in real situations.
How do you find the price before tax?
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Write an equation and divide the total by 1 plus the tax rate as a decimal. Find the Tax Rate or Original Price has students do this for totals such as $26.46 with 8% tax.
How do you find the interest for a number of months?
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Change the months to years, then use I = Prt. Simple Interest With Partial Years uses 9 months for $800 at 4.5% as its first problem.
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