Midterm Exam
Quiz
•
Mathematics
•
University
•
Medium
Jose Niño Barranda
Used 7+ times
FREE Resource
11 questions
Show all answers
1.
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3 mins • 5 pts
What is the selling price for a cassette that costs the retailer Php 10.00 and is marked up 70% based on cost?
2.
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3 mins • 5 pts
An expensive cropped top originally priced at Php 550.00 is marked 25% off. What is the sale price?
3.
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3 mins • 5 pts
A Gibson guitar is marked down by 20%; the sale price is Php 28,000.00. What was the original price?
4.
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3 mins • 5 pts
An item from Bershka that regularly sells for Php 3000.00 a piece and sells it for Php 8,100.00 for 3 items. What is the discount rate from the original total cost?
5.
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1 min • 2 pts
It is the amount of discount that the wholesaler or retailer receives off the list price or the difference between the list price and the net price.
6.
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1 min • 2 pts
The price that the manufacturer or retailer pays or the list price minus the trade discount.
7.
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1 min • 2 pts
It is an additional discounts that are deducted one after another from the list price.
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