Markup and Selling Price

Markup and Selling Price

7th Grade

7 Qs

quiz-placeholder

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Markup and Selling Price

Markup and Selling Price

Assessment

Quiz

Mathematics

7th Grade

Medium

CCSS
7.RP.A.3, 6.RP.A.3C, 7.RP.A.2

+1

Standards-aligned

Created by

Judi Rakowsky

Used 138+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A store pays $1.50 for a bag of candy. If the store wants to mark-up the price 60%, for how much will the store sell the bag of candy?

$0.60

$2.40

$0.90

$6.00

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A store pays $32.00 for each video game. The store’s percent of mark up is 75%. Which shows the retail price of the video game?

$60.00

$56.00

$24.00

$8.00

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A store pays $1.50 for a bag of candy. If the store wants to mark-up the price 60%, how much is the markup amount for the bag of candy?

$2.10

$2.40

$.60

$.90

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Jake owns a jewelry store. He buys bracelets from his supplier for $44 each. To make a profit, he marks them up 65%. Find the selling price of one bracelet.

$28.60

$15.40

$72.60

$69.23

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

3 mins • 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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Markup is _________________ to the original price.

subtracted

added

divided

multiplied

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Uri wants to buy a sweatshirt that costs $ 16.28. If the tax is 8%, about how much will Uri need to buy the sweatshirt?

$ 13.02

$ 16.36

$ 17.58

$ 29.30

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3