
Percent Markup and Markdown
Authored by Brandon Branscom
Mathematics
7th Grade
CCSS covered
Used 22+ times

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these two is the percent markup formula?
(1 + m) x (Original Price) = Selling Price
(1 - m) x (Original Price) = Selling Price
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
In order to convert a percent into a decimal you should...
Divide the percent number by 100
Divide the percent number by 50
Move the decimal two places to the left
Move the decimal two places to the right
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an item costs $5 and is marked up by 20% then what's the new selling price?
6
7
8
10
Tags
CCSS.6.RP.A.3C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an item costs $40 and is marked down by 25% then what's the new selling price?
25
27.5
30
35
Tags
CCSS.6.RP.A.3C
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an item costs $50 and is marked down by 30% then what's the new selling price?
25
27.5
32
35
Tags
CCSS.6.RP.A.3C
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A markdown means you are...
Increasing the price
Decreasing the price
Tags
CCSS.6.RP.A.3B
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A markup means you are ...
Increasing the price
Decreasing the price
Tags
CCSS.6.RP.A.3B
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