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- 1. Multiple Choice
What does 'Discount' mean?
When the price is much higher than the cost
When the price is less than the suggested price
An overpriced item
Selling goods in huge amounts
- 2. Multiple Choice
What is 'Markup'?
An amount based off of 100
A bargain price
A reduced price sale
Price higher than the cost to the seller
- 3. Multiple Choice
What does 'Wholesale' refer to?
A sale to get rid of extra stock
The usefulness of something
Selling goods in large quantities for resale
Buying one item and getting one at a discount
- 4. Multiple Choice
Define 'Rip-off'.
An attractive price
The act of buying goods
An overpriced item
A sale of goods at reduced prices
- 5. Multiple Choice
What is a 'Percent/Percentage'?
An offer to buy an item and get another at a discount
The process of calculating prices
An amount that is a part of a whole based off of 100
A type of discount
- 6. Multiple Choice
What does 'Deal' mean?
An amount or proportion out of 100
An overpriced item
An attractive price; a bargain
To work out by using arithmetic
- 7. Multiple Choice
What does 'Shop' mean?
To give something in exchange for money
A sale of goods at reduced prices
To visit stores or websites to buy goods
The importance of something
- 8. Multiple Choice
Define 'Value'.
The act of selling goods
The importance, worth, or usefulness of something
An attractive price
A sale to clear extra stock
- 9. Multiple Choice
What does it mean to 'Calculate'?
To work out by using arithmetic
To buy goods
To offer for purchase
To sell goods
- 10. Multiple Choice
What does 'For Sale' indicate?
Offered for purchase
A sale to get rid of stock
Offered for purchase at a reduced price
Buying one item and getting another at a discount
- 11. Multiple Choice
What does 'On Sale' mean?
The act of shopping
To exchange something for money
Offered for purchase
Offered for purchase at a reduced price
- 12. Multiple Choice
What does it mean to 'Sell'?
To give something in exchange for money
To offer goods at a reduced price
To calculate prices
To buy goods
- 13. Multiple Choice
What is 'Buy one; get one ("BOGO")'?
A sale of goods at reduced prices
An offer to buy an item and receive a second item at a discount
An overpriced item
A percentage off the original price
- 14. Multiple Choice
What does 'Clearance' mean?
The act of buying goods
An amount that is a part of a whole
An attractive price
A sale to get rid of extra stock or closing down
- 15. Multiple Choice
What does '_____% off' imply?
An overpriced item
Selling goods in large quantities
The price is reduced by that percentage
The price is raised by that percentage
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