Discount, Markup, Selling Price

Discount, Markup, Selling Price

Assessment

Assessment

Created by

Jasmine Harrison

Mathematics

7th - 8th Grade

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Medium

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15 questions

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1.

MULTIPLE CHOICE

3 mins • 1 pt

A store pays $1.50 for a bag of candy. If the store wants to mark-up the price 60%, for how much will the store sell the bag of candy?

2.

MULTIPLE CHOICE

3 mins • 1 pt

A store pays $32.00 for each video game. The store’s percent of mark up is 75%. Which shows the retail price of the video game?

3.

MULTIPLE CHOICE

3 mins • 1 pt

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.

4.

MULTIPLE CHOICE

1 min • 1 pt

Discount is ____________ from the price.

5.

MULTIPLE CHOICE

5 mins • 1 pt

A basketball backboard set that sold for $79 is discounted 15%.  What is the sale price?

6.

MULTIPLE CHOICE

5 mins • 1 pt

In a video store, a DVD that sells for $15 is marked 10% off. What is the amount of discount?

7.

MULTIPLE CHOICE

5 mins • 1 pt

A store pays $1.50 for a bag of candy. If the store wants to mark-up the price 60%, how much is the markup amount for the bag of candy?

8.

MULTIPLE CHOICE

5 mins • 1 pt

Jake owns a jewelry store. He buys bracelets from his supplier for $44 each. To make a profit, he marks them up 65%. Find the selling price of one bracelet.

9.

MULTIPLE CHOICE

5 mins • 1 pt

Victoria is going to buy a new video game. The game is on sale for 20% off of $59.99. How much is the discount?

10.

MULTIPLE CHOICE

3 mins • 1 pt

When a price gets lowered, this is known as:

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