Financial Maths - Pre & Post Test
Authored by Luke Harris
Mathematics
10th Grade
Used 8+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ________ price is the amount of money paid for an item by a shop.
cost
sale
discount
real
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ , is the amount of money added to the cost price of an item for sale.
Up-sale
Mark-up
Inflation
Discount
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost price is also known as the ________ price.
recommended retail
marked
sale
buying
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_________ = cost price + mark-up
Marked-price
Discount
Trade discount
Buying price
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The marked-price is also known as the ___________
recommended retail price
selling-price
discount price
profit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A _______ is made when items are sold for more than they cost.
discount
profit
loss
sale
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________ = selling price - cost price
retail price
loss
discount
profit
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