Mark Up, Down, On

What is the term used to describe the amount added to the cost price to determine the selling price of a product in Pesos?

• Mark-Off

• Mark-Up

• Mark-Down

• Mark-On

A store purchases a shirt for 500 Pesos and marks it up by 30%. What is the selling price of the shirt?

• 650 Pesos

• 550 Pesos

• 400 Pesos

• 350 Pesos

If an item costs 200 Pesos, and you want to mark it up by 25%, what will be the selling price?

• 225 Pesos

• 250 Pesos

• 175 Pesos

• 275 Pesos

What is the term for reducing the selling price of an item in Pesos to attract customers?

• Mark-Off

• Mark-Up

• Mark-Down

• Mark-On

A computer originally priced at 20,000 Pesos is marked down by 15%. What is the sale price in Pesos?

• 17,000 Pesos

• 18,000 Pesos

• 22,000 Pesos

• 3,000 Pesos

If a product has a selling price of 1,152 Pesos and is marked down by 20%, what was its original price in Pesos?

• 1,000 Pesos

• 1,500 Pesos

• 1,440 Pesos

• 1,260 Pesos

What is the term used when you add a specified percentage to the cost price of an item in Pesos to determine the selling price?

• Mark-On

• Mark-Down

• Mark-Up

• Mark-Off

If an item costs 800 Pesos and you mark it on by 40%, what is the selling price in Pesos?

• 560 Pesos

• 1,120 Pesos

• 880 Pesos

• 1,040 Pesos

A watch was originally priced at 1,500 Pesos. After marking it on by 25%, what is the new selling price in Pesos?

• 1,875 Pesos

• 1,125 Pesos

• 2,000 Pesos

• 375 Pesos

Which of the following represents the process of decreasing the selling price of an item in Pesos below its original cost price?

• Mark-Off

• Mark-Up

• Mark-Down

• Mark-On