Discount and Markup

When a price is raised in order to make a profit, this is called:

• Profit

• Markup

• Profit

• Tax

Tags

CCSS.6.RP.A.3B

When you make money, you earn a:

• Markup

• Sale

• Profit

• Discount

Tags

CCSS.6.RP.A.3B

When a price gets lowered, this is known as:

• Markdown

• Profit

• Markup

• Percent

Tags

CCSS.6.RP.A.3C

All the following terms represent a markdown, except:

• Sale

• Clearance

• Markup

• Discount

Tags

CCSS.6.RP.A.3C

Discount is ____________ from the original price.

• Added

• Divided

• Multiplied

• Subtracted

Tags

CCSS.6.RP.A.3C

Markup is _________________ to the original price.

• Added

• Divided

• Multiplied

• Subtracted

Tags

CCSS.6.RP.A.3C

When a discount is applied to an item, the amount you pay for the item is called the:

• Original price

• Sale price

• Percent off

• Discount

Tags

CCSS.6.RP.A.3C

When a markup is applied to an item, the amount you pay for the item is called the:

• Original price

• Sale price

• Selling price

• Percent

Tags

CCSS.6.RP.A.3C

Mrs. Allison buys Gucci bags wholesale for $28.00 and marks them up 900% to sell on her online store, what is the selling price of the bags?

• $280.00

• $252.00

• $928.00

• $224.00

Tags

CCSS.6.RP.A.3C

A pair of boots are $94.00. They are 25% off. What is the discount?

• $2375.00

• $70.50

• $117.50

• $23.50

Tags

CCSS.6.RP.A.3C