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Markup and Discount Quiz

Authored by Anonymous Anonymous

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12th Grade

Used 1+ times

Markup and Discount Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the markup percentage if the cost price is $50 and the selling price is $75.

50%

25%

75%

100%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A product is marked up by 20%. If the cost price is $80, what is the selling price?

$96

$85

$90

$100

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A shirt is originally priced at $40. It is on sale with a discount of 25%. What is the sale price?

$20

$35

$30

$10

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the original price of a laptop is $1000 and it is discounted by 15%, what is the discounted price?

$950

$900

$850.50

$850

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A store sells a product with a markup of 30%. If the cost price is $50, what is the selling price?

$65

$45

$55

$60

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A jacket is on sale with a discount of 40%. If the original price is $120, what is the sale price?

$72

$100

$48

$80

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost price of a book is $10 and it is marked up by 50%. What is the selling price?

$20

$15

$12

$5

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