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Marketing I (Mr. Breitsprecher's Business Ed Home Page)

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©2016 Mr. Breitsprecher & BreitLinks (www.breitlinks.com). All Rights Reserved Markups & Markdowns
Marketing I
Markup & Markdown Name: __________________________
1. A basketball backboard that sells for 79.99 is discounted with a markdown of 15%. What
is the new sale price?
2. A parka that cost $70.20 us marked-up 100%. What is the selling price?
3. You buy a computer system with a list price of $1,580, but get a discount (markdown) of
15%. What did you pay for the system before taxes?
4. A shoe store marks-up house-brand casual men’s shoes at an 8% markup. What is the
selling price of a pair that costs $24.16?
5. A can of soup costs a grocery store $1.47. At a 60% markup, what is the selling price?
6. CDs sell at a discount record store at a markdown of 33%. The list price of a CD is
16.99. What is the selling price at the discount store?
7. A motorcycle costs a dealer $3,500. At a 95% markup, what is the selling price?
8. If all items in a store are marked-down 70%, what is the sale price of an item that had an
original selling price of 59.99
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Completed 15 December 2020

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