What is the mark-up percentage if an item bought for 500 pesos is sold for 700 pesos?
Pricing and Discounts Quiz

Quiz
•
Mathematics
•
11th Grade
•
Hard
Frank Albert Flores
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
30%
40%
50%
20%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A store applies a mark-on of 35% to a product. If the cost price is 800 pesos, what will the selling price be?
1,080 pesos
1,100 pesos
1,280 pesos
1,200 pesos
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an item has a marked price of 2,000 pesos and is sold at a trade discount of 15%, what is the net price?
1,700 pesos
1,800 pesos
1,500 pesos
1,600 pesos
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A retailer marks down the price of a product by 25% from its original selling price of 1,200 pesos. What is the sale price after the markdown?
900 pesos
800 pesos
1,000 pesos
850 pesos
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term refers to the percentage added to the cost price to get the selling price?
Mark-on
Mark-up
Trade discount
Mark-down
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A manufacturer offers a 20% trade discount to retailers. If the list price of the product is 5,000 pesos, what is the amount of the discount?
1,000 pesos
1,200 pesos
800 pesos
1,500 pesos
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An item originally priced at 3,000 pesos is marked down by 10%. What is the new price of the item?
2,600 pesos
2,700 pesos
2,800 pesos
2,500 pesos
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