Markup and Markdown
Quiz
•
Mathematics
•
12th Grade
•
Practice Problem
•
Easy
+1
Standards-aligned
Ma. Gatanela
Used 6+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It's a price that commodity sold per item.
Markdown
Selling Price
Markup
None of the above
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for the rate of markup based on the cost.
Tags
CCSS.6.RP.A.3C
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a Price that merchant pays for an item.
Markup
Markdown
Selling Price
Cost Price
Tags
CCSS.6.RP.A.3B
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To cover the expenses or overhead of running the business, a ______ is put on the product.
Markdown
Profit
Markup
Expense
Tags
CCSS.6.RP.A.3B
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is true?
Markon is the reduction of price on the product.
Markdown is the decrease of price on a product.
Markup is the increase of price only on peak season.
Markup result to a negative profit in a business.
Tags
CCSS.6.RP.A.3B
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A burger store sells their burger for ₱150. However, they wish to lower their price to ₱100. How much is the markdown?
₱ 250
₱ 100
₱ 50
₱ 150
Tags
CCSS.7.EE.B.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A golf shop pays it wholesaler ₱ 40 for a certain club, and then sells it to a golfer for ₱75. what is the amount of markup?
35
115
45
75
Tags
CCSS.7.EE.B.3
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