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Total questions: 15

Worksheet time: 11mins

Name
Class
Date
1.
  If you receive 25% off an item costing $22.00, how much money do you save?
a)
$ 5.50
b)
$ 4.25
c)
$6.00
d)
$7.35
2.

Regular price: $174. Discount: 40%. Find the sale price. Round to nearest cent if necessary.

a)

$104.40

b)

$140.40

c)

104.4

d)

69.6

3.
A video store’s regular price of a video is $25.95, and it’s on sale for 25% off. What is the sale price of the video?
a)
$19.46
b)
$25.75
c)
$6.49
d)
$32.44
4.
A pair of boots are $94.99.  They are 25% off. With this discount, what is the sale price? Round to nearest cent if necessary.
a)
$71.24
b)
$118.74
c)
23.7475
d)
$23.75
5.

Best Buy is having a sale. External phone batteries cost $40, and now it costs $30. What was the percent discount?

a)

30%

b)

40%

c)

25%

d)

75%

6.

Amazon is having a sale on Flair Pens. A pack of pens for $15.75 is now $5.51. What is the discount?

a)

45%

b)

55%

c)

60%

d)

65%

7.

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?

a)

RM147.06

b)

RM132

c)

RM100.32

d)

RM175.00

8.
Discount is ____________ from the price.
a)
added
b)
divided
c)
subtracted
d)
divided
9.

A sale, discount, or markdown means an item is selling for __________ than the original price.

a)

More Expensive

b)

Cheaper

c)

The same

d)

None of the Above

10.

Rent is an example of

a)

Fixed cost

b)

Variable cost

c)

Semi variable cost

11.

Materials for production are an example of

a)

Fixed costs

b)

variable costs

c)

Semi-variable costs

12.

What is the breakeven point?

a)

The amount of sales a business predicts

b)

When Revenue = Costs

c)

The sales a business makes halfway through the year

13.

What is the amount at which the product is to be sold?

a)

Cost Price

b)

Selling Price

c)

Net Sale

d)

Profit

14.

Business experiences a __________ when the cost price is greater than the selling price.

a)

Markdown

b)

Break-even

c)

Profit

d)

Loss

15.

Which is defined as the point when the total cost of a product is equal to the total income?

a)

Profit

b)

Loss

c)

Mark-up

d)

Break-even