Credit Sprint / Practice problems / Selling price from a markup

Selling price from a markup practice problems

Marketing Unit 8. Try each one, then open the worked solution. The Credit Sprint app generates unlimited new versions with fresh numbers.

Problem 1.

A retailer pays $180 for a coffee maker and adds a markup of 75% on cost. What is the selling price in dollars?

Show solution

Markup = 75% × 180 = 135. Selling price = 180 + 135 = 315.

Problem 2.

A retailer pays $135 for a blender and adds a markup of 100% on cost. What is the selling price in dollars?

Show solution

Markup = 100% × 135 = 135. Selling price = 135 + 135 = 270.

Problem 3.

A retailer pays $90 for a jacket and adds a markup of 50% on cost. What is the selling price in dollars?

Show solution

Markup = 50% × 90 = 45. Selling price = 90 + 45 = 135.

Problem 4.

A retailer pays $65 for a jacket and adds a markup of 20% on cost. What is the selling price in dollars?

Show solution

Markup = 20% × 65 = 13. Selling price = 65 + 13 = 78.

Problem 5.

A retailer pays $160 for a backpack and adds a markup of 30% on cost. What is the selling price in dollars?

Show solution

Markup = 30% × 160 = 48. Selling price = 160 + 48 = 208.

Problem 6.

A retailer pays $200 for a blender and adds a markup of 20% on cost. What is the selling price in dollars?

Show solution

Markup = 20% × 200 = 40. Selling price = 200 + 40 = 240.