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SEMIFINAL EXAM IN BUSMATH [TEST 2]

Total questions: 20

Worksheet time: 2hrs 40mins

Name
Class
Date
1.

Using the given below:

Selling Price: P 480

Cost:

Mark up: P120

Markup based on cost%:

Markup based on cost%:

How much is the cost?

a)

P360

b)

P600

c)

P240

d)

P300

2.

Using the given below:

Selling Price: P 480

Cost:

Mark up: P120

Markup based on cost%:

Markup based on selling price%:

What is Markup based on cost%:

a)

33.33%

b)

66.67%

c)

25%

d)

75%

3.

Using the given below:

Selling Price: P 480

Cost:

Mark up: P120

Markup based on cost%:

Markup based on selling price%:


What is Markup based on selling price%?

a)

33.33%

b)

66.67%

c)

25%

d)

75%

4.

Using the given below:

Selling Price:

Cost: P600

Mark up: P230

Markup based on cost%:

Markup based on selling price%:


What is the selling price?

a)

P830

b)

P370

c)

P730

d)

P470

5.

Using the given below:

Selling Price:

Cost: P600

Mark up: P230

Markup based on cost%:

Markup based on selling price%:


What is the Markup based on cost%?

a)

38.33%

b)

61.67%

c)

27.71%

d)

77.29%

6.

Using the given below:

Selling Price:

Cost: P600

Mark up: P230

Markup based on cost%:

Markup based on selling price%:


What is the Markup based on on selling price%?

a)

38.33%

b)

61.67%

c)

27.71%

d)

77.29%

7.

Using the given below:

Selling Price:

Cost: P400

Mark up:

Markup based on cost%: 30%

Markup based on selling price%:


What is the selling price?

a)

P520

b)

P120

c)

P280

d)

P620

8.

Using the given below:

Selling Price:

Cost: P400

Mark up:

Markup based on cost%: 30%

Markup based on selling price%:


What is the mark up?

a)

P520

b)

P120

c)

P280

d)

P620

9.

Using the given below:

Selling Price:

Cost: P400

Mark up:

Markup based on cost%: 30%

Markup based on selling price%:


What is the Markup based on selling price%?

a)

23.07%

b)

76.93%

c)

70.14%

d)

40.25%

10.

Using the given below:

Selling Price: P500

Cost:

Mark up:

Markup based on cost%:

Markup based on selling price%: 30%


What is the mark up?

a)

P150

b)

P350

c)

P250

d)

P300

11.

Using the given below:

Selling Price: P500

Cost:

Mark up:

Markup based on cost%:

Markup based on selling price%: 30%


What is the cost?

a)

P150

b)

P350

c)

P250

d)

P300

12.

Using the given below:

Selling Price: P500

Cost:

Mark up:

Markup based on cost%:

Markup based on selling price%: 30%


What is the Markup based on cost%?

a)

42.86%

b)

57.14%

c)

P33.16%

d)

P52.68%

13.

Convert 60% markup based on cost rate to mark up based on selling price rate.

a)

40%

b)

160%

c)

140%

d)

30%

14.

An item costs P1000. Assume that the selling price is P1,300. The selling price was raised to P1,400. It was later on tagged to sell at P1, 200. How much is the mark on?

a)

P300

b)

P400

c)

P200

d)

P100

15.

An item costs P1000. Assume that the selling price is P1,300. The selling price was raised to P1,400. It was later on tagged to sell at P1, 200. How much is the additional mark up?

a)

P300

b)

P400

c)

P200

d)

P100

16.

An item costs P1000. Assume that the selling price is P1,300. The selling price was raised to P1,400. It was later on tagged to sell at P1, 200. How much is the markup cancellation from P1,400?

a)

P300

b)

P400

c)

P200

d)

P100

17.

An item costs P1000. Assume that the selling price is P1,300. The selling price was raised to P1,400. It was later on tagged to sell at P1, 200. How much is the markdown?

a)

P300

b)

P400

c)

P200

d)

P100

18.

Teddy sells jewelries. He had a piece that cost him P9,000, which he sold for P15,000. The only expense of him was his transportation expenses totaling to P 500.

How much was his gross profit?

a)

P6,000

b)

P5,500

c)

P6,500

d)

P5,000

19.

Teddy sells jewelries. He had a piece that cost him P9,000, which he sold for P15,000. The only expense of him was his transportation expenses totaling to P 500.

What is the markup based on cost?

a)

P6,000

b)

P5,500

c)

P6,500

d)

P5,000

20.

Teddy sells jewelries. He had a piece that cost him P9,000, which he sold for P15,000. The only expense of him was his transportation expenses totaling to P 500.

How much profit did he earn?

a)

P6,000

b)

P5,500

c)

P6,500

d)

P5,000