Markup
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Easy
Standards-aligned
Wayground Content
Used 1+ times
FREE Resource
Student preview

11 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is markup?
Back
Markup is the amount added to the cost price of goods to cover overhead and profit. It is usually expressed as a percentage of the cost price.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the selling price using markup?
Back
Selling Price = Cost Price + (Markup Percentage × Cost Price)
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
If an item costs $10 and has a markup of 50%, what is the selling price?
Back
Selling Price = $10 + (0.50 × $10) = $15
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
What is the formula to find the markup amount?
Back
Markup Amount = Markup Percentage × Cost Price
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
If a store buys a product for $5 and marks it up by 20%, what is the selling price?
Back
Selling Price = $5 + (0.20 × $5) = $6
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
What does a 100% markup mean?
Back
A 100% markup means the selling price is double the cost price.
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
If a product costs $15 and is sold for $18, what is the markup percentage?
Back
Markup Percentage = ((Selling Price - Cost Price) / Cost Price) × 100 = ((18 - 15) / 15) × 100 = 20%.
Tags
CCSS.6.RP.A.3C
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
5 questions
Understanding Basic Electricity Concepts
Flashcard
•
6th Grade
10 questions
Mathematics Glossary
Flashcard
•
KG
10 questions
Disney descendants flashcard
Flashcard
•
KG
8 questions
Recognizing positive or negative messages conveyed in a text
Flashcard
•
8th Grade
9 questions
Year 7 Spring 1 Assessment
Flashcard
•
6th - 8th Grade
10 questions
Tone, Mood, and Purpose
Flashcard
•
6th Grade
10 questions
Misplaced and Dangling Modifiers
Flashcard
•
8th Grade
10 questions
Bacteria and fungi
Flashcard
•
6th Grade
Popular Resources on Wayground
5 questions
This is not a...winter edition (Drawing game)
Quiz
•
1st - 5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Identify Iconic Christmas Movie Scenes
Interactive video
•
6th - 10th Grade
20 questions
Christmas Trivia
Quiz
•
6th - 8th Grade
18 questions
Kids Christmas Trivia
Quiz
•
KG - 5th Grade
11 questions
How well do you know your Christmas Characters?
Lesson
•
3rd Grade
14 questions
Christmas Trivia
Quiz
•
5th Grade
20 questions
How the Grinch Stole Christmas
Quiz
•
5th Grade
Discover more resources for Mathematics
10 questions
Identify Iconic Christmas Movie Scenes
Interactive video
•
6th - 10th Grade
15 questions
Christmas Movie Trivia
Quiz
•
7th Grade
10 questions
Exploring Global Holiday Traditions
Interactive video
•
6th - 10th Grade
10 questions
Guess the Christmas Movie by the Scene Challenge
Interactive video
•
6th - 10th Grade
21 questions
Christmas Math
Quiz
•
6th - 8th Grade
21 questions
Solving Two Step Equations
Quiz
•
7th Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
20 questions
Adding and Subtracting integers
Quiz
•
7th Grade