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Markdowns & Markups

Mathematics

7th Grade

CCSS covered

Used 14+ times

Markdowns & Markups
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8 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A store buys shoes for $25 and sells them for $40. What's the percent markup?

60%

40%

6%

35%

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A dealer buys a car for $5,000 and marks it up to $9,000. What's the percent mark up?

70%

40%

80%

50%

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Shoes were $75.50 and are marked down to $42. What's the percent mark down?

44%

42%

40%

35%

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Find the tip amount only.  $20 lunch;  20% tip

$ .40
$ 2.00
$ 4
$ 24

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.2

CCSS.7.NS.A.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the total price of a book if Barnes and Nobles gets it for $4.25 and the markup is 30%?

$55.25
$1.28
$5.53
$4.38

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

If you receive 25% off an item costing $22.00, how much is the markdown?

$ 5.50

$ 4.25

$6.00

$7.35

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Regular price: $174. Discount: 40%. Find the sale price. Round to nearest cent if necessary.

$104.40

$140.40

104.45

69.6

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