What is a markdown rate?

Chapter 6 Overview Fall 2024

Flashcard
•
Mathematics
•
12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
A markdown rate is the markup on an item expressed as a percent of its selling price.
2.
FLASHCARD QUESTION
Front
If a pair of boots costs $94.99 and is 25% off, what is the sale price?
Back
The sale price is $71.24.
3.
FLASHCARD QUESTION
Front
How do you calculate the unit price of an item?
Back
The unit price is calculated by dividing the total price by the total weight or quantity of the item.
4.
FLASHCARD QUESTION
Front
What is the unit price of Goldfish crackers priced at $1.99 for 7.2 oz?
Back
The unit price is approximately $0.28 per oz.
5.
FLASHCARD QUESTION
Front
What is the unit price of Cheez-its priced at $2.70 for 13.7 oz?
Back
The unit price is approximately $0.20 per oz.
6.
FLASHCARD QUESTION
Front
Which is the better deal: Goldfish crackers or Cheez-its?
Back
Cheez-its are the better deal.
7.
FLASHCARD QUESTION
Front
What is the unit price of Oreos priced at $2.98 for 15.5 oz?
Back
The unit price is approximately $0.19 per oz.
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