Markup and Markdown Problems
Authored by Timothy Jackson
Mathematics
6th - 8th Grade
CCSS covered
Used 179+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A sign says that the price marked on all music equipment is 30% off the original price. You buy a guitar for the sale price of $315. What is the original price of the guitar?
$450
$425
$400
$475
$500
Tags
CCSS.6.RP.A.3C
2.
FILL IN THE BLANK QUESTION
5 mins • 1 pt
You have a coupon for an additional 25% off the price of any sale item at a store. The store has put a robotics kit on sale for 15% off the original price of $40. What is the price of the robotics kit after both discounts? Fill in the blank to answer the question: The price of the robotics kit after both discounts is $________.
Tags
CCSS.6.RP.A.3C
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The cost of a New York Yankee baseball cap is $24.00. The local sporting goods store sells it for $30.00. Find the markup rate.
25%
125%
20%
30%
40%
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which equation below can determine the selling price in dollars, p, on an item that was originally priced s dollars after a markdown of 15%?
p = 0.85s
p = 1.85s
s = 0.85p
p = s
Tags
CCSS.6.RP.A.3C
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An item that costs $50 is marked 20% off. Sales tax for the item is 8%. What is the final price, including tax?
$43.20
$45.00
$33.20
$68.15
Tags
CCSS.6.RP.A.3C
6.
FILL IN THE BLANK QUESTION
5 mins • 1 pt
A ski shop has a markup rate of 50%. Find the selling price of skis that cost the storeowner $300. Fill in the blank to answer the question: The selling price is $_______.
Tags
CCSS.6.RP.A.3C
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An electronic store bought a program at a cost of $10 and sold it at a selling price of $13. Find the percent markup.
3%
30%
300%
10%
Tags
CCSS.6.RP.A.3C
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