<p> TAFE NSW – Northern Sydney Institute Certificate II Floristry (7735)</p><p>With each of the items below you need to mark them up by 150% and add GST To do this you should multiply the unit price by 150% this will give you the mark up amount. Then add this amount to the wholesale unit price. Once done you need to add a 10% GST on the sale price. </p><p>A breakdown of your calculation goes as follows:</p><p>Unit price x 150 ÷ 100 = mark up. Mark up + unit price = retail price pre GST Retail price x 10 ÷ 100 = GST Retail price + GST = Retail price including GST</p><p>A simple way to complete this task is to multiply the unit price by 2.5. This will give the retail price with the 150% mark up. Then calculate the GST.</p><p>Retail Price: Retail Price: </p><p>Retail Price Retail Price: </p><p>Retail Price: Retail Price:</p><p>What would be your calculation if your boss asked you to mark up items by 200%? ______</p>
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