Sales

Sales

12th Grade

14 Qs

quiz-placeholder

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Sales

Sales

Assessment

Quiz

Mathematics

12th Grade

Practice Problem

Hard

CCSS
6.RP.A.3B, 6.RP.A.3C

Standards-aligned

Created by

Brittany Moore

Used 14+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the selling price?

The amount a company pays for a product

The amount a company sells a product for

The difference between what a company pays and sells a product for

How long a product is in inventory

Tags

CCSS.6.RP.A.3B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost?

The amount a company pays for a product

The amount a company sells a product for

The difference between what a company pays and sells a product for

How long a product is in inventory

Tags

CCSS.6.RP.A.3B

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the markup?

The amount a company pays for a product

The amount a company sells a product for

The difference between what a company pays and sells a product for

How long a product is in inventory

Tags

CCSS.6.RP.A.3B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you find markup?

Selling price - cost

Cost - selling price

Selling price + cost

Cost + selling price

Tags

CCSS.6.RP.A.3B

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A company buys a table for $50. They then sell the table for $75. What is the markup?

$75

$125

$25

$50

Tags

CCSS.6.RP.A.3B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When finding markup rate based on selling price, you do markup divided by _____

Selling price

Cost

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When finding markup rate based on cost, you do markup divided by _____

Selling price

Cost

Tags

CCSS.6.RP.A.3C

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