7.4.B.07 - Markup and Markdown Problems – Exit Ticket
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3 Questions
10
1.
A store that sells skis buys them from a manufacturer at a wholesale price of
$57. The store’s markup rate is 50%.
What price does the store charge its customers for the skis?
10
2.
A store that sells skis buys them from a manufacturer at a wholesale price of
$57. The store’s markup rate is 50%.
What percent of the original price is the final price? Show your work
10
3.
A store that sells skis buys them from a manufacturer at a wholesale price of
$57. The store’s markup rate is 50%.
What is the percent increase from the original price to the final price?
From EngageNY.org of the New York State Education Department. Grade 7 Mathematics Module 4, Topic B, Lesson 7. Internet. Available from https://www.engageny.org/resource/grade-7-mathemat...; accessed 21/Jan/2016.