Discounts and Markups Quiz

If a video game originally costs $35 and is on sale for 25% off, what is the sale price?

• $32.50

• $26.25

• $28.00

• $30.00

What is the formula to calculate the sale price if the original price is $35 and the discount is 25%?

• Sale Price = Original Price x 0.75

• Sale Price = Original Price x 0.25

• Sale Price = Original Price x 0.5

• Sale Price = Original Price x 1.25

A pair of cleats is on sale for $33 after a 40% discount. What was the original price?

• $55

• $60

• $50

• $65

If a DVD is on sale for $10 after a 50% discount, what was the original price?

• $30

• $25

• $20

• $15

What fraction represents a 40% discount?

• 3/5

• 1/2

• 2/5

• 1/4

If a store pays $70 for a bicycle and marks it up by 20%, what is the selling price?

• $80

• $100

• $84

• $90

How do you calculate the selling price with a markup of 20% on an item that costs $70?

• Selling Price = Cost x 0.8

• Selling Price = Cost x 1.2

• Selling Price = Cost x 1.1

• Selling Price = Cost x 1.5

What is the percentage increase if an item is marked up from $70 to $84?

• 30%

• 15%

• 25%

• 20%

How much is each part worth if a $70 bicycle is divided into 5 parts for a 20% markup calculation?

• $16

• $18

• $12

• $14

A store sells USB flash drives with a 25% markup. If the selling price is $25, what was the original cost?

• $18

• $20

• $22

• $24