Markups & Markdowns

Markups & Markdowns

7th Grade

10 Qs

quiz-placeholder

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Markups & Markdowns

Markups & Markdowns

Assessment

Quiz

Mathematics

7th Grade

Hard

CCSS
7.RP.A.3, 7.EE.B.3, 7.RP.A.2

+2

Standards-aligned

Created by

Ms. Hopper

Used 261+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A TV that costs $95 is marked up 45%. What is the selling price?

$42.75

$137.75

$52.25

$140

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A sofa that originally costs $3000 is discounted 60%. What is the sale price?

$180

$4800

$1800

$1200

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An item that originally costs $15 is marked up 200%. After the markup, it is discounted 20%. What is the selling price?

$36

$45

$9

$42

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An item that originally costs $25 is discounted to $16. What is the discount rate?

64%

36%

9%

41%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An item that costs a company $44 is marked up to $70.40. What is the markup rate?

26.4%

62.5%

60%

37.5%

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An item is marked up 25%. The selling price is $90. What is the wholesale price?

$135

$72

$67.50

$65

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An item is on sale for $182 after a 30% discount. What is the original price of the item?

$127.40

$54.60

$260

$606.67

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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