Discount and Markup

Discount and Markup

7th Grade

12 Qs

quiz-placeholder

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Discount and Markup

Discount and Markup

Assessment

Quiz

Mathematics

7th Grade

Medium

CCSS
6.RP.A.3C, 6.RP.A.3B

Standards-aligned

Created by

Christine Tabor

Used 200+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Profit

Markup

Profit

Tax

Tags

CCSS.6.RP.A.3B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you make money, you earn a:

Markup

Sale

Profit

Discount

Tags

CCSS.6.RP.A.3B

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a price gets lowered, this is known as:

Markdown

Profit

Markup

Percent

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All the following terms represent a markdown, except:

Sale

Clearance

Markup

Discount

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Discount is ____________ from the original price.

Added

Divided

Multiplied

Subtracted

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Markup is _________________ to the original price.

Added

Divided

Multiplied

Subtracted

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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.6.RP.A.3C

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