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9.1
9.2
9.3
Vocabulary
Misc.
100
Cost = $30.00 Markup = $20.00 Selling Price = ?
$50.00
100
Cost = ? Markup = $75.00 Selling Price = $125.00
$50.00
100
Original Price = $48.00 Reduced Price = $30.00 Markdown Amount = ?
$18.00
100
The price at which a retail business purchases merchandise.
What is cost?
100
A game where you guess the question instead of the answer.
What is Jeopardy?
200
Cost = $60.00 Selling Price = 250% of original What is the selling price in dollars?
$150.00
200
Cost = $6.46 Markup = ? Selling Price = $18.46
$12.00
200
Original Price = $75.00 Reduced Price = $36.75 Markdown Percent = ?
49%
200
The value at which something is sold.
What is Selling Price? (or Retail Price)
200
What is Pi to the 5th decimal place? [Without using a calculator]
3.14159
300
Cost = $24.00 Selling Price = $36.99 What is the percent Markup?
54.125%
300
Cost = ? Markup = $250.00 Selling Price = $1666.67 What is the percent cost based on the selling price?
85%
300
Cost = $850.00 Markdown Percent = 41.18% What percent of the cost is the selling price?
58.82%
300
The difference between the selling price and the cost.
What is Markup? (or Gross Profit, or Gross Margin)
300
The answer to life, the universe, and everything.
What is 42?
400
A man is selling an Xbox on Ebay for 105.91 and decides to increase the price by 42.36. By what percent did the man increase the price?
140%
400
An item is selling for $1,980.00 when the original price was $795.00. What is the percent markup based on cost?
59.83%
400
An item sells for $499.00 which was 14.7% less than the original amount. What was the starting cost?
$585.00
400
The amount an item's price is decreased from the original.
What is Markdown?
400
An item is costs $150.00 it is marked down by 33% and then again by 20%. Afterwards the sellers decide to increase the price by 157.1%. What is the final selling price?
$150.00
500
Apple is selling old iPhones for $154.34 which happens to be 183% of the cost. What is the original cost?
$84.34
500
An item is marked up $459.36. The markup rate is 42%. What is the item's selling price and cost.
$1,251.36
500
An item costs $400.00 and is marked up 60% based on the cost. The first markdown rate is 20% and the second markdown rate is 30%. What is the final selling price?
$358.40
500
The difference between the Gross Profit, the expenses, and overhead.
What is Net Profit?
500
[this is true for some a's and x's] a = x [add a to both sides] a+a = a+x [a+a = 2a] 2a = a+x [subtract 2x from both sides] 2a-2x = a+x-2x [2a-2x = 2(a-x)] 2(a-x) = a+x-2x [x-2x = -x] 2(a-x) = a-x [divide both sides by a-x] 2 = 1 How/Why does 2 = 1?
It doesn't, at the last step you divide by zero which is undefined. (a-x) = 0