Markup & Discount Warm Up
2 years ago
rallison
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10 QuestionsShow answers
  • Question 1
    180 seconds
    Q.

    When a price is raised in order to make a profit, this is called:

    answer choices

    profit

    markup

    discount

    tax

  • Question 2
    180 seconds
    Q.

    When you make money, you earn a:

    answer choices

    markup

    sale

    discount

    profit

  • Question 3
    180 seconds
    Q.

    When a price gets lowered, this is known as:

    answer choices

    markdown

    profit

    markup

    percent

  • Question 4
    180 seconds
    Q.

    All the following terms represent a markdown, except:

    answer choices

    sale

    clearance

    markup

    discount

  • Question 5
    180 seconds
    Q.

    Discount is ____________ from the original price.

    answer choices

    added

    divided

    subtracted

    multiplied

  • Question 6
    30 seconds
    Q.

    Markup is _________________ to the original price.

    answer choices

    subtracted

    added

    divided

    multiplied

  • Question 7
    180 seconds
    Q.

    When a discount is applied to an item, the amount you pay for the item is called the:

    answer choices

    original price

    sale price

    percent off

    discount

  • Question 8
    300 seconds
    Q.

    Mrs. Allison buys Gucci bags wholesale for $28.00 and marks them up 900% to sell on her online store, what is the selling price of the bags?

    answer choices

    $280.00

    $252.00

    $928.00

    $224.00

  • Question 9
    300 seconds
    Q.

    A pair of boots are $94.99. They are 25% off. What is the discount?

    answer choices

    $71.24

    $118.74

    $166.23

    $23.75

  • Question 10
    300 seconds
    Q.

    A television that costs $360.99 is on sale for 75% off. Find the sale price of the television.

    answer choices

    $270.74

    $631.73

    $27,074.25

    $90.25

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