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Markup & Discount Warm Up

Authored by Rachel Allison

Mathematics

7th Grade

CCSS covered

Used 920+ times

Markup & Discount Warm Up
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When a price is raised in order to make a profit, this is called:

profit

markup

discount

tax

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When you make money, you earn a:

markup

sale

discount

profit

Tags

CCSS.6.RP.A.3B

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When a price gets lowered, this is known as:

markdown

profit

markup

percent

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

All the following terms represent a markdown, except:

sale

clearance

markup

discount

Tags

CCSS.6.RP.A.3B

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Discount is ____________ from the original price.

added

divided

subtracted

multiplied

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Markup is _________________ to the original price.

subtracted

added

divided

multiplied

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When a discount is applied to an item, the amount you pay for the item is called the:

original price

sale price

percent off

discount

Tags

CCSS.6.RP.A.3C

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