Discount and Markup practice

Discount and Markup practice

17 Qs

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Discount and Markup practice

Discount and Markup practice

Assessment

Quiz

Practice Problem

Medium

Created by

Joshua Dobrow

Used 4+ times

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17 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

 A store pays $1.50 for a bag of candy.  If the store wants to mark-up the price 60%, which expression could be used to find the price that is charged in the store?

1.50n
1.50(.60)
1.50(1.60)
1.60(1.50)

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A computer store used a markup rate of 40%. Find the selling price of a computer game that costs $25.

$35.50

$15

$33

$35

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

John was getting rid of some things so he sold his golf club for $40 and he originally bought it for $75. What is the percent of change?

46.6% increase

87.5% increase

46.6% decrease

87.5% decrease

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A product is originally priced at $55 and is on sale for 25% off. How much is the discount?

$11.25

$14

$13.75

$41.25

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A product is marked down 15% and the sale price is $127.46. What is the original price? (Round to 2 decimal places)

146.57

$149.95

$147

$108.34

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A pair of sandals costs $10.50.  There is a  7% sales tax.  What is the total cost of the sandals?

$.74
$10.50
$12.78
$11.24

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Sales tax is __________ to the price

subtracted
added
multiplied
divided

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