Why are we making a Jeopardy game?
Because the teacher says so so we do it
What type of items are marked up in the small engine industry?
parts, accessories, not labor
what is the original price of the mark up is 10% and the new price is $154
$140
What year was FICO founded?
1956
whats the markup percent of the original price is $60 and the new price is $126
110%
What is the purpose of a FICO score?
To tell you of you are at risk or not
Markup $40 at 20%
$48
mark up $20 @ 60%
$32
Where is FICO based out of?
San Jose
What elements affect your score?
personal info, credit history, public records, inquiries
what is the purpose of markup?
To make money on goods sold to the public
What is $47 marked up 69%?
$79.43
what is the markup percent of the original price is $240 and the new price is $408?
70%
How many FICO scores are there?
3
maerk up $220 @ 90%
$418
mark up $100 @ 140%
$240
Markup $200 at 120%
$440
mark up $260 at 130%
$598
FICO stands for........
Fair, Isaac Company
Credit scores range from what?
300-850. The higher the score the better your rating.
What is the markup percentage if the original price is $238 and the markup price is $421.26?
77% markup
How is markup calculated?
take your original price, multiply by the percent, then add the original price back in
What is the original price of the markup % is 40% and the new price is $224
$160
What is another name for FICO?
Credit score
what is the original price if the markup is 30% and the new price is $364?
$280