Percent Markup Word Problems

Percent Markup Word Problems

7th Grade

19 Qs

quiz-placeholder

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Percent Markup Word Problems

Percent Markup Word Problems

Assessment

Quiz

Mathematics

7th Grade

Hard

Created by

Anthony Clark

FREE Resource

19 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

A _____________ is the amount increased to the cost price of goods to cover overhead and profit.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Taylor paid $125 to have her hair colored and cut. If she tips her hairdresser 15%, her total bill will be _________.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A store pays $32.00 for each video game. The store’s percent of mark up is 75%. Which shows the retail price of the video game?

$60.00

$56.00

$24.00

$8.00

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the Percent of Change.  Round to nearest Percent.
Microwave:  Originally $96 then price increases to $115.20

20% Increase

17% Increase

20% Decrease 

17% Decrease

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

F

G

H

J

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The selling price of an item is $650 marked up from the wholesale cost of $450. Find the percent markup from wholesale cost to selling price.

36%

40%

44%

52%

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A department store buys 200 shirts at a cost of $1,200 and sells them for $8 each. Find the percent markup rounded to the nearest percent.

28%

33%

39%

42%

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