Markup & Discount Warm Up

When a price is raised in order to make a profit, this is called:

• profit

• markup

• discount

• tax

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CCSS.7.RP.A.2

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When you make money, you earn a:

• markup

• sale

• discount

• profit

When a price gets lowered, this is known as:

• markdown

• profit

• markup

• percent

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CCSS.7.RP.A.3

All the following terms represent a markdown, except:

• sale

• clearance

• markup

• discount

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CCSS.7.RP.A.2

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Discount is ____________ from the original price.

• added

• divided

• subtracted

• multiplied

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CCSS.7.EE.A.1

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CCSS.7.NS.A.1

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CCSS.7.RP.A.3

Markup is _________________ to the original price.

• subtracted

• added

• divided

• multiplied

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CCSS.7.RP.A.2

CCSS.7.RP.A.3

When a discount is applied to an item, the amount you pay for the item is called the:

• original price

• sale price

• percent off

• discount

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Mrs. Allison buys Gucci bags wholesale for $28.00 and marks them up 900% to sell on her online store, what is the selling price of the bags?

• $280.00

• $252.00

• $928.00

• $224.00

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CCSS.7.EE.B.3

CCSS.7.NS.A.2

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A pair of boots are $94.99. They are 25% off. What is the discount?

• $71.24

• $118.74

• $166.23

• $23.75

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CCSS.7.EE.B.3

CCSS.7.RP.A.2

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A television that costs $360.99 is on sale for 75% off. Find the sale price of the television.

• $270.74

• $631.73

• $27,074.25

• $90.25

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CCSS.7.EE.B.3

CCSS.7.RP.A.3