Sales
12th Grade
•14 Qs
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Sales
Quiz
•
Mathematics
•
12th Grade
•
Practice Problem
•
Hard
Standards-aligned
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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