Markup and Markdown Worksheet
Practice calculating markup, markdown, and sale prices with this Grade 6 math worksheet.
Includes
Standards
Topics
Markup and Markdown Practice
Name:
Date:
Score:
Read each question carefully and calculate the markup, markdown, or final price. Show your work.
1. When a store increases the price of an item to make a profit, it is called a .
2. A is a reduction in the original price of an item.
3. The original price of an item before any changes is often called the price.
1. A store buys a bicycle for $120 and marks it up by 25%. What is the selling price of the bicycle?
2. A pair of shoes costs the retailer $40. They apply a 50% markup. What is the final price for the customer?
1. A jacket originally priced at $80 is on sale for 20% off. What is the sale price of the jacket?
2. A book has an original price of $25. It is marked down by 10%. How much is the markdown, and what is the new price?
1. A shirt costs $30. If it is marked up by 10%, what is the new price?
$31.00
$33.00
$27.00
$40.00
2. A video game is on sale for 15% off its original price of $60. What is the sale price?
$9.00
$51.00
$69.00
$45.00
1. Markup is always a percentage of the original cost.
True
False
2. When an item is on sale, it means there is a markdown.
True
False
A store buys a toy for $15. They mark it up by 40%. Later, they put it on sale with a 20% markdown from the marked-up price. What is the final selling price of the toy?