Sports Trivia
Who is the quarterback for the Detroit Lions?
Markup - Overhead =
Net Profit
Who is the famous host of Jeopardy?
Alex Trebek
Item price is $18. Cost is $12, What is the markup?
$6
The difference between the regular selling price of an item and its sale price, also known as a discount.
markdown
What is the maximum number of clubs you are allowed to carry with you in a round of golf?
14
Net Profit / Selling Price =
Net-Profit Rate
Who was the first person who walk on the moon?
Neil Armstrong
markup
The difference between the regular selling price of an item and its sale price expressed as a percent.
markdown rate
What bizarre item do Detroit Red Wings fans throw on the ice for good luck?
An octopus
Markup of item is $3. Overhead is $.50. What is the Net Profit?
$2.50
What do you call a baby owl?
Owlet
Item price is $35. Cost is $24. What is the markup?
$11
The regular selling price of an item minus the discount or markdown on the price.
sale price
Who is the all-time leader in career points scored in the NHL?
Wayne Gretzky
Markup of item is $5. Overhead is $3. What is the Net Profit?
$2
Who is Luke Skywalker's father?
Darth Vader
Markup / Selling Price =
markup rate
The value of the beginning inventory plus the cost of any goods received, minus the value of the ending inventory.
cost of goods sold
Who was the first player in NFL history to rush for over 2,000 yards in a single season?
OJ Simpson
Markup of item is $30. Overhead is $15. What is the Net Profit?
$15
How many branches does the US government have?
3
Selling Price X Overhead Percent =
overhead
The point at which income from sales of a product equals the cost of producing an item.
break-even point