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Mathematics
7th
grade
Chp 2.6 (Day 4) - Total cost - Markup and Selling Price
20 questions
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- 1. Multiple Choice
Find the selling price if a store pays $75 for a bike and the markup is 40%.
$30
$105
$45
- 2. Fill in the Blank
Find the selling price on a pair of shoes that a store pays $30 for with a 25% markup.
- 3. Fill in the Blank
A store buys a new phone for $750 and wants to sell it with a markup of 48%. How much will the selling price be for the phone?
- 4. Multiple Choice
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?
$0.60
$2.40
$0.90
$6.00
- 5. Multiple Choice
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?
$60.00
$56.00
$24.00
$8.00
- 6. Multiple Choice
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?
$2.10
$2.40
$.60
$.90
- 7. Multiple Choice
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.
$28.60
$15.40
$72.60
$69.23
- 8. Multiple Choice
When a price is raised in order to make a profit, this is called:
profit
markup
discount
tax
- 9. Multiple Choice
Markup is _________________ to the original price.
subtracted
added
divided
multiplied
- 10. Multiple Choice
Uri wants to buy a sweatshirt that costs $ 16.28. If the tax is 8%, about how much will Uri need to buy the sweatshirt?
$ 13.02
$ 16.36
$ 17.58
$ 29.30
- 11. Multiple Choice
Marsha sells leather handbags on her website. She bought the handbags for $65 each and includes a 60% markup to get the selling price. What is the selling price for one leather handbag to the nearest dollar?
$104
$39
$108
$125
- 12. Multiple Choice
When a price is increased, it is called a ____________.
Markdown
Markup
Sales Tax
Commission
- 13. Multiple Choice
Sales tax is 5%. If you pay with a $20 bill, how much change will you get back?
$10.44
$9.56
$9.94
$10.06
- 14. Multiple ChoiceJonathan's new clothes cost a total of $572.50 before tax. What type of tax does Jonathan have to pay for his new clothes?Income TaxProperty TaxPayroll TaxSales Tax
- 15. Multiple ChoiceIzaiah wanted to buy a pair of Jordans for $110. The sales tax in Salinas is 8%. What is the total amount Izaiah will pay for his Jordans?$118.80$110$118$8.80
- 16. Multiple ChoiceMs. Perez and Ms. Parker plan for seventh grade math every Sunday morning at Starbucks. They ordered their Caramel Frappacinos and Double Smoked Bacon breakfast sandwiches. Before sales tax, their total comes out to $8. Sales tax is 8%. How much will they each pay after taxes?$8$8.64$8.50$0.64
- 17. Multiple ChoiceDamian wanted to watch the new Beauty and the Beast movie. Tickets are on sale for $12 and sales tax is %10.$12.00$13.20$11.80$13.00
- 18. Multiple ChoiceMaria wanted to buy some boots that cost $65 and the sales tax is 12%. How much will she pay for the boots?$65$7.80$78.20$72.80
- 19. Multiple ChoiceTino wanted to buy a pack of gum for $0.50 and the sales tax is 8%. How much will he pay all together?$0.54$0.50$0.04$0.46
- 20. Multiple Choice
A type of percent increase
Markdown
Discount
Markup
Wholesale
- Answer choicesTagsAnswer choicesTags