Music Retail Pricing

This quiz will test your knowledge of Music Retail Pricing.

15 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

What is the markup on a product that is sold for $100 and has a cost of $50?

  1. 50%
  2. 100%
  3. 150%
  4. 200%
Question 2 Multiple Choice (Single Answer)

What is the selling price of a product that has a cost of $50 and a markup of 50%?

  1. \$75
  2. \$100
  3. \$125
  4. \$150
Question 3 Multiple Choice (Single Answer)

What is the cost of a product that is sold for $100 and has a markup of 25%?

  1. \$60
  2. \$70
  3. \$75
  4. \$80
Question 4 Multiple Choice (Single Answer)

What is the markup percentage on a product that is sold for $120 and has a cost of $90?

  1. 20%
  2. 25%
  3. 30%
  4. 35%
Question 5 Multiple Choice (Single Answer)

What is the selling price of a product that has a cost of $75 and a markup of 20%?

  1. \$85
  2. \$90
  3. \$95
  4. \$100
Question 6 Multiple Choice (Single Answer)

What is the cost of a product that is sold for $150 and has a markup of 40%?

  1. \$75
  2. \$80
  3. \$90
  4. \$100
Question 7 Multiple Choice (Single Answer)

What is the markup percentage on a product that is sold for $200 and has a cost of $120?

  1. 40%
  2. 45%
  3. 50%
  4. 55%
Question 8 Multiple Choice (Single Answer)

What is the selling price of a product that has a cost of $100 and a markup of 30%?

  1. \$115
  2. \$120
  3. \$125
  4. \$130
Question 9 Multiple Choice (Single Answer)

What is the cost of a product that is sold for $250 and has a markup of 50%?

  1. \$125
  2. \$150
  3. \$175
  4. \$200
Question 10 Multiple Choice (Single Answer)

What is the markup percentage on a product that is sold for $300 and has a cost of $200?

  1. 33.33%
  2. 40%
  3. 50%
  4. 60%
Question 11 Multiple Choice (Single Answer)

What is the selling price of a product that has a cost of $150 and a markup of 40%?

  1. \$170
  2. \$180
  3. \$190
  4. \$200
Question 12 Multiple Choice (Single Answer)

What is the cost of a product that is sold for $350 and has a markup of 60%?

  1. \$175
  2. \$200
  3. \$225
  4. \$250
Question 13 Multiple Choice (Single Answer)

What is the markup percentage on a product that is sold for $400 and has a cost of $250?

  1. 33.33%
  2. 40%
  3. 50%
  4. 60%
Question 14 Multiple Choice (Single Answer)

What is the selling price of a product that has a cost of $200 and a markup of 50%?

  1. \$225
  2. \$250
  3. \$275
  4. \$300
Question 15 Multiple Choice (Single Answer)

What is the cost of a product that is sold for $450 and has a markup of 70%?

  1. \$225
  2. \$250
  3. \$275
  4. \$300

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Profit, Loss and Discount (2604 questions)