Calculate Cost of Production

Calculate Cost of Production

7th - 8th Grade

10 Qs

quiz-placeholder

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Calculate Cost of Production

Calculate Cost of Production

Assessment

Quiz

Other

7th - 8th Grade

Hard

Created by

Daphne Felix

Used 37+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the selling price is Php20.00 and the Peso Markup or Markup Price is Php5.00, What is the percentage markup based on selling price?

10%

15%

20%

25%

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Calculate the percentage markup based on cost, if the peso markup is Php12.00 and th buying price is Php35.00.

34.28%

36.48%

41.26%

43.28%

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the percentage markup, if the purchase cost is Php 30.00 and the peso markup is Php5.00?

16.67%

19.67

18.67%

21.67%

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This is the total price paid for resources used to make a product or create a service to sell including raw materials, labor, and overhead.

Markup

Cost of Production

Selling Price

Buying Price

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This is the amount added to the price cost.

Total Cost

Markup

Selling Price

Buying Price

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Calculate the percentage markup, if the selling price is Php 59.00 and the peso markup is Php 8.85.

15%

28%

45%

50%

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the selling price is Php 105.00 and the purchase cost is Php 97.00, what is the peso markup?

Php 7.00

Php 8.00

Php 10.00

Php 12.00

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