Markup and Selling Price

Quiz
•
Mathematics
•
7th Grade
•
Medium
+1
Standards-aligned
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
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