WorksheetsMarkup & Markdown
Total questions: 14
Worksheet time: 11mins
Below are the formulas for Gross Profit, EXCEPT
GP = C + OE
GP = SP - C
GP = OE + NP
The cost of the shirt was RM100. Ali planned to sell the shirt for a gross profit of 32% based on the selling price. What is the sale price of the shirt?
RM147.06
RM132
RM100.32
RM175.00
A store pays RM1.50 for a bag of candy. If the store wants to mark up the price by 60% based on the cost, for how much will the store sell the bag of candy?
RM0.60
RM2.40
RM0.90
RM6.00
A computer store used a markup rate of 40% based on cost price. Find the selling price of a computer game that costs RM250.
RM355.00
RM150.00
RM330.00
RM350.00
A notebook is sold for RM1.50. If the price is mark down by 20%, what is the new selling price of the notebook?
RM0.30
RM4.80
RM1.20
RM1.80
Walmart sells birthday cakes for RM18. After 3 days, they mark down the cakes by 45%. How much is the amount of discount?
RM9.90
RM8.10
RM16.10
RM17.90
JJ Shop bought a television for RM2,000. The operating expenses were 15% based on the cost and the shop wants to earn 33% net profit based on the cost. What is the selling price?
RM2,048
RM3,846.15
RM2,960
RM2,000
What is the formula for Break-even price?
BEP = C + OE + NP
BEP = C + NP
BEP = C + OE
BEP = OE + NP
Saiful bought a fan at RM20. He wanted to obtain RM6 net profit and 5% operating expenses on cost. What is the break-even price of the fan?
RM21
RM26
RM27
RM23
When the New Selling Price - BEP > 0, then the retailer will earn profit.
TRUE
FALSE
The selling price and break-even price for a box of pens are RM28 and RM20, respectively. If Ali wants to mark down the box of pens by 25%, was there a profit or loss? How much?
Profit by RM7
Profit by RM1
Loss by RM7
Loss by RM1
The selling price and break-even price for a box of pens are RM28 and RM20, respectively. If Ali wants to sell it at RM18, was there a profit or loss? How much?
Profit by RM2
Profit by RM10
Loss by RM2
Loss by RM10
A retailer sold a sofa for RM3,800. If the cost of that sofa was RM2,900 and the operating expenses incurred were 23% based on the seling price, find the maximum markdown that could be offered without incurring any loss.
RM20
RM26
RM15
RM29
Below are the formulas for Selling Price, EXCEPT
SP = C + GP
SP = C + OE + NP
SP = C + OE
SP = C + M
