Mark-on, Mark-up, Mark-down (2)

Mark-on, Mark-up, Mark-down (More Examples)

Multiple Choice

XYZ Company is a company that manufactures small gadgets. Its variable costs are Php 650.00 per gadget. If the company implements a 30% markup rate, how much should each gadget sell for?

• Php 680.00

• Php 780.00

• Php 195.00

• Php 845.00

Multiple Choice

If the cost of manufacturing a product is Php 350.00 and the item sells for Php 425. What is the mark-up percentage?

• 17.65%

• 21.43%

• 121.43%

• 1.21%

Multiple Choice

Abram bought a whole pig. It cost him Php 9,500 to buy, prepare and store one whole pig. Abram now sells the full packaged deal of a prepped and ready pig for Php 15,000. What is his profit margin percentage?

• 40%

• 57.89%

• 0.40%

• 0.58%

Multiple Choice

An expensive cropped top originally priced at Php 550 is marked 25% off. What is the new selling price?

• Php 687.50

• Php 137.50

• Php 421.50

• Php 412.50

Multiple Choice

A Gibson guitar is marked down by 20%; the sale price is Php 28,000. What was the original selling price?

• Php 5,600

• Php 33,600

• Php 35,000

• Php 25,000

Multiple Choice

An item from Bershka that regularly sells for Php 3,000 a piece and sells it for Php 8,100 for 3 items. What is the mark-down percentage from the original price?

• 62.96%

• 10%

• 90%

• 26.96%

Multiple Choice

An air conditioning company charges 15% more for units purchased during the summer season. If the mark-up percentage is 25% and the production cost of the unit is Php 8,000, how much does each unit sell during the peak season?

• Php 11,500

• Php 10,000

• Php 9,200

• Php10,800

Multiple Choice

A computer software retailer used a markup rate of 40%. What percentage of the selling price becomes profit if computer game costs the retailer Php 250?

• 0.28%

• 0.4%

• 40%

• 28.57%