BM427 Markdown/Markups Test Review
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Last updated over 4 years ago
8 questions
1
Staples has a hole punch that originally cost $16 and now sells for $28.30. Find the markup amount and the percent markup based on the selling price.
Staples has a hole punch that originally cost $16 and now sells for $28.30. Find the markup amount and the percent markup based on the selling price.
1
A hairdryer costs $27 and is marked up 30% based on cost. Find the markup amount and the selling price.
A hairdryer costs $27 and is marked up 30% based on cost. Find the markup amount and the selling price.
1
Best Buy sells a particular laptop computer for $1,399. During their last sale, the laptop was marked down 25%. Calculate the markdown amount and the reduced selling price.
Best Buy sells a particular laptop computer for $1,399. During their last sale, the laptop was marked down 25%. Calculate the markdown amount and the reduced selling price.
1
Kohl's was selling children's jeans for $29.99. During a recent sale, they marked the jeans down $8.00. Calculate the reduced selling price and the rate of the markdown.
Kohl's was selling children's jeans for $29.99. During a recent sale, they marked the jeans down $8.00. Calculate the reduced selling price and the rate of the markdown.
1
Find the markdown amount and the reduced price of a notebook that used to sell for $2.50 and was marked down 30%.
Find the markdown amount and the reduced price of a notebook that used to sell for $2.50 and was marked down 30%.
1
Raymour and Flanigan had a dining room table that originally sold for $3,000. The store offered a week-long sale and marked the table down 15%. Find the markdown amount and the reduced price.
Raymour and Flanigan had a dining room table that originally sold for $3,000. The store offered a week-long sale and marked the table down 15%. Find the markdown amount and the reduced price.
1
You buy some new LED TV's at $1,250 each. You plan to mark them up 60% based on cost. During the holidays you decide to have a sale and mark all the TV's down by 30%. Find the final selling price.
You buy some new LED TV's at $1,250 each. You plan to mark them up 60% based on cost. During the holidays you decide to have a sale and mark all the TV's down by 30%. Find the final selling price.
1
Nordstrom just received a shipment of shoes that cost $39 per pair. They marked up each pair 175% based on cost. After five weeks, the shoes were marked down 30%. After another five weeks, the remaining shoes were marked down an additional 20%. Calculate the final selling price of the shoes.
Nordstrom just received a shipment of shoes that cost $39 per pair. They marked up each pair 175% based on cost. After five weeks, the shoes were marked down 30%. After another five weeks, the remaining shoes were marked down an additional 20%. Calculate the final selling price of the shoes.