Calculate Cost of Production

Quiz
•
Other
•
7th - 8th Grade
•
Hard
Daphne Felix
Used 37+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If the selling price is Php20.00 and the Peso Markup or Markup Price is Php5.00, What is the percentage markup based on selling price?
10%
15%
20%
25%
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the percentage markup based on cost, if the peso markup is Php12.00 and th buying price is Php35.00.
34.28%
36.48%
41.26%
43.28%
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the percentage markup, if the purchase cost is Php 30.00 and the peso markup is Php5.00?
16.67%
19.67
18.67%
21.67%
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This is the total price paid for resources used to make a product or create a service to sell including raw materials, labor, and overhead.
Markup
Cost of Production
Selling Price
Buying Price
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This is the amount added to the price cost.
Total Cost
Markup
Selling Price
Buying Price
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the percentage markup, if the selling price is Php 59.00 and the peso markup is Php 8.85.
15%
28%
45%
50%
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If the selling price is Php 105.00 and the purchase cost is Php 97.00, what is the peso markup?
Php 7.00
Php 8.00
Php 10.00
Php 12.00
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