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business math

Authored by Helen Gadiano

Mathematics

11th Grade

Used 7+ times

business math
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27 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A pair of shoes which costs P4,300 is being sold at P5,025. What is the rate of mark-up based on cost?

17%

18%

20%

50%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A leather jacket costs P250,300 and is being sold for P289,900. What is the rate of mark-up based on cost?

10.82%

15.82%

25.32%

30.22%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the markdown rate if a laptop was originally priced at P30,000 and was sold at P24,500.

18.33%

22.45%

23.11%

25.20%

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Find the markdown and markdown rate if jeans were originally priced at P590 and sold at P360.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After Christmas, Miley reduces the price of a gift wrapper from P30 to P21. What is the markdown rate?

10%

20%

30%

50%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suppose Miley calculates the wrapper price based on a markdown rate of 20%, how much would her gift wrapper cost?

P21

P24

P32

P34

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Daryl owns a flower shop in Cebu. He knows that many male customers will buy roses a few days before Valentine's Day. The cost of a bouquet of roses is P80. A week before Valentine's Day, he applies a mark-up based on selling price at 10%. Later, he adds an additional 5% mark-on to its selling price. How much is the actual selling price?

P68.28

P80.44

P88.44

P92.44

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