Mastering Discounts and Markups: Grade 7 Math Quiz

A jacket originally costs $80. If it is on sale for 25% off, what is the sale price of the jacket?

• $60

• $40

• $50

• $70

A store marks up the price of a pair of shoes by 15%. If the original price is $50, what is the new price after the markup?

• $45.00

• $60.00

• $52.50

• $57.50

A video game is priced at $60. If there is a 20% discount, how much will you save and what will be the final price?

• You will save $20 and the final price will be $40.

• You will save $15 and the final price will be $45.

• You will save $12 and the final price will be $48.

• You will save $10 and the final price will be $50.

A bicycle costs $200. If the store offers a 10% discount, what is the amount of the discount and the final price of the bicycle?

• The discount is $30 and the final price is $170.

• The discount is $15 and the final price is $185.

• The discount is $20 and the final price is $180.

• The discount is $25 and the final price is $175.

A restaurant increases the price of a meal by 18%. If the original price was $30, what is the new price after the markup?

• $35.40

• $32.00

• $28.20

• $40.50

A smartphone is on sale for 30% off its original price of $400. What is the discount amount and the sale price?

• Discount amount: $150, Sale price: $250

• Discount amount: $100, Sale price: $300

• Discount amount: $90, Sale price: $310

• Discount amount: $120, Sale price: $280

A clothing store has a markup of 25% on all items. If a shirt costs the store $20, what is the selling price of the shirt?

• $25

• $22

• $15

• $30

A laptop originally costs $1,000. If it is discounted by 15%, what is the discount amount and the final price?

• Discount amount: $120, Final price: $880

• Discount amount: $200, Final price: $800

• Discount amount: $150, Final price: $850

• Discount amount: $100, Final price: $900

A toy is marked up by 40% from its cost of $15. What is the selling price of the toy after the markup?

• $24

• $18

• $15

• $21

A pair of sunglasses is priced at $50. If there is a 10% discount, what is the sale price of the sunglasses?

• $55

• $40

• $48

• $45