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- 1. Multiple Choice
Sellers lower their prices when they want to sell out old stocks of products. what do you call this price reduction?
Mark-on
Mark-up
Mark-down
Margin
- 2. Multiple Choice
What do you call the additional increase in the price of a product during holidays?
Mark-up
Mark-on
Margin
Selling Price
- 3. Multiple Choice
Which of the following results when we subtract mark-up from all the operating expenses?
Profit
Loss
Mark-on
Mark-down
- 4. Multiple Choice
Bagyong Tiktok has ruined some of Aling Nena's coconut plantation which is the only seller of coconut in their barrio. What can the sellers of buko halo-halo impose on their product?
Margin
Mark-up
Mark-on
Mark-down
- 5. Multiple Choice
Which of the following statement is FALSE?
Mark-down is the decrease of price on a product.
Mark-up results to a positive profit in the business.
Mark-up is the decrease on the selling price of a product.
Mark-on is the increase of price on a product during during peak season.
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