WorksheetsBus. Math Chpt 15 Sales
Total questions: 8
Worksheet time: 2hrs 0mins
Name
Class
Date
1.
Tom's Nursery buys petunias by the pallet. Each pallet holds 36 petunia plants. The cost of each pallet to Tom's Nursery is $179.64. Tom sells the petunias for $7.99 per plant. What is the markup per pallet?
a)
$110.52
b)
$109.31
c)
$108.00
d)
$107.97
2.
The Grill Store sells a heavy-duty gas grill for $199. The cost is 129.80. What is the markup rate based on the selling price?
a)
38.4%
b)
34.8%
c)
35.2%
d)
37.3%
3.
The buyer for Mango Mania purchases Key West-style hats for a cost of $14.50 each. Mango Mania sells them for $29.95 each. Operating expenses are estimated to be 25% of the selling price. What is the net profit per hat?
a)
$8.23
b)
$6.45
c)
$7.23
d)
$7.96
4.
Gina is a buyer for a clothing shop. She purchased some scarfs for $3.28 each. Her store sells them for $9.25 each. Operating expenses are estimated to be 33% of the selling price. What is the net-profit rate based on the selling price of the handkerchief?
a)
32.4%
b)
31.6%
c)
23.5%
d)
29.6%
5.
Outdoor World purchased some parkas for $51.79 each. Its markup policy is 40% based on the selling price. What is the selling price?
a)
$82.32
b)
$83.45
c)
$86.32
d)
$87.15
6.
A flower pot costs you $1.75 and you sell it for $2.50. What is the markup? What is the Markup rate based on cost?
a)
$0.73 and 43.8%
b)
$0.75 and 42.9%
c)
$0.68 and 35.2%
7.
Regional Jewelry stores buy silver bracelets for $65.40 each. The retail price is computed by adding a markup of 150% of the cost. What is the retail selling price?
a)
$162.44
b)
$161.78
c)
$165.98
d)
$163.50
8.
Summer Fun sells a particular jet ski at a regular selling price of $2,995.50. For one week only, Summer Fun has marked down the price to $2,450. What is the markdown rate?
a)
17.5%
b)
18.2%
c)
19.3%
d)
20.4%
100 %
