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- 1. Multiple Choice
What is a Tip ?
Additional money given for a service
money your server gives you
a frog
money you keep
- 2. Multiple Choice
What is a mark down?
sale price
discount
mark up
percent
- 3. Multiple Choice
mark up
an increase
a decrease
- 4. Multiple Choice
what is a discount price?
The price of an item after a discount is applied
The price the wholesaler pays for the item
The price of an item after the mark up is added
- 5. Multiple Choice
Percent is based out of ______?
10
100
1000
400
- 6. Multiple Choice
unit rate
is always zero
is x divided by y
is when y = 1
has a denominator of one
- 7. Multiple Choice
The constant of a situation is found by
dividing y by x
dividing x by y
multiplying x by y
multiplying y by x
- 8. Multiple Choice
1/5
40%
25%
20%
10%
- 9. Multiple Choice
What is a commission?
money earned by the business owner
money given to the customer
money given to the state
Money earned by the sales person
- 10. Multiple Choice
What is a fee?
fees are discounts
fees are any additional charges
fees are commissions
fees are sale prices
- 11. Multiple Choice
The amount of tax owed
tax accepted
tax sent
tax return
tax liability
- 12. Multiple Choice
The amount revenue in sales exceeds the cost of operating a business
profit margin
loss margin
marginal revenue
- 13. Multiple Choice
Goods a business has on hand (in stock) to sell
stuff
inventory
commercial
advertising
- 14. Multiple Choice
Promoting a business name or likeness
loss
profit
inventory
advertising
- 15. Multiple Choice
money the business keeps after paying operating expenses
advertising
loss
profit
inventory
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