What is the formula to calculate the selling price after applying a markup?
7th Grade NSCAS Math Review

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Mathematics
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Selling Price = Cost Price + (Markup Rate × Cost Price)
2.
FLASHCARD QUESTION
Front
If a computer game costs $25 and has a markup rate of 40%, what is the selling price?
Back
$35
3.
FLASHCARD QUESTION
Front
How do you determine the duration a larger bottle of shampoo will last based on a smaller bottle's usage?
Back
Use the ratio of the volumes: (Volume of larger bottle / Volume of smaller bottle) × Duration of smaller bottle.
4.
FLASHCARD QUESTION
Front
If a 12-ounce bottle of shampoo lasts 16 weeks, how long will an 18-ounce bottle last?
Back
24 weeks
5.
FLASHCARD QUESTION
Front
What is the formula to calculate the amount spent after a percentage reduction?
Back
Amount Spent = Original Amount - (Reduction Rate × Original Amount)
6.
FLASHCARD QUESTION
Front
Mark spent $178 on groceries. If he reduces his grocery costs by 15%, how much will he spend next month?
Back
$151.30
7.
FLASHCARD QUESTION
Front
What is the formula for calculating the area of a rectangle?
Back
Area = Length × Width
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