
Discount and Markup practice
Quiz
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Practice Problem
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Medium
Joshua Dobrow
Used 4+ times
FREE Resource
Enhance your content in a minute
17 questions
Show all answers
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?
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?
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Sales tax is __________ to the price
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