Business Math - Final Exam Review - Day 2

A parka that cost $65 is marked up to $70.20.  What is the percent of markup based on cost?

• 7.4%
• 5.2%
• 8%
• 10%

A shoe store marks up its merchandise by 8% based on cost.  What was the selling price of a pair of shoes whose cost is $24.50?

• $1.96
• $26.46
• $22.45
• $44.10

A grocery store has 60% markup based on selling price.  The can of soup costs the store $1.50.  What is the selling price for the can of soup?

• $2.50
• $3.00
• $2.40
• $3.75

Tags

CCSS.6.RP.A.3C

The regular price of a Grand Theft Auto game is $52, but it is on sale.  The discount is $13.  What percent discount is this?

• 25%
• 75%
• 20%
• 13%

A basketball backboard set that sold for $79 is discounted 15%.  What is the sale price?

• $67.15
• $11.85
• $90.88
• $68.85

Tags

CCSS.6.RP.A.3C

Sherwin Williams marks up their paint 40% based on cost.  What is the equivalent markup based on selling price?

• 28.5%
• 66.6%
• 25%
• 60%

What is the markup for a shirt that a store buys for $10 and marks it up 30% based on cost?

• $7.00
• $3.00
• $13.33
• $13.00

Tags

CCSS.6.RP.A.3C

Walmart sells birthday cakes for $18.  After 3 days, they markdown the cakes by 45%.  What is the discounted price?

• $9.90
• $8.10
• $16.10
• $17.90

Tags

CCSS.6.RP.A.3C

Ken Michael’s Furniture bought a sofa for $262 and marked it up 85% based on the cost. For a special promotion, it was marked down 25%. Store management decided to mark it down an additional 30%. What was the final reduced price?

• $363.53
• $36.35
• $254.47
• $325.94

Tags

CCSS.6.RP.A.3C

Pete's Produce pays $0.35 per pound for 500 pounds of mangos. On average, 8% of the mangos will spoil before they sell. Find the selling price per pound needed to obtain a175% markup on cost.

• $1.25
• $0.68
• $1.05
• $0.98

Tags

CCSS.6.RP.A.3C