# Markup & Markdown: Calculation & Examples

Instructions:

question 1 of 3

### The retail price of a toothbrush is \$40. What is the price after a markdown of 30 percent?

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### 2. The cost of an item is \$55.56. Choose the value that produces a markdown.

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The quiz is a series of math problems. In each, you will be given a markdown or markup for a given product. Then, you'll identify the final price.

## Quiz & Worksheet Goals

The quiz will test you on the following ideas:

• Markup
• Markdown
• Selling price
• Retail price

## Skills Practiced

• Reading comprehension - ensure that you draw the most important information from the related business math lesson
• Problem solving - use acquired knowledge to solve markup and markdown practice problems
• Information recall - access the knowledge you've gained selling and retail pricing