Retail Math Quiz
10-questions or about 20-minutes
1 / 10
Your sales of $130MM are down 22% versus last year and now represent 26% of the category. The total category grew 8% versus last year. Your goal was only 24% share of the category. You are how many dollars above your sales goal?
2 / 10
At a gross margin rate of 40% you generated $480 of profit. What were your top line sales?
3 / 10
My sales of 4,800 are 22% above my goal, so my boss raised my goal by 11%. What is my new goal?
4 / 10
Last quarter you sold $1,600,000 at a 34% gross margin. This quarter you plan to raise prices to increase your gross margin rate by 4 points, and you expect a 5% drop in sales dollars (no change in cost). What percent change in gross margin dollars would you expect?
5 / 10
You paid $1.40 for a jacket during a 30% off sale. How much money did you save?
6 / 10
I sold 70,000 units, which is 40.0% less than my goal. How many more units do you need to sell to hit your goal?
7 / 10
What is Delta Mart's market share of White?
8 / 10
What is the answer to the total % change?
9 / 10
I sold 144,000 units, which is 12% as much as you. How much did you sell?
10 / 10
You sold $450,000 this year, 10% less than last year. Rest of market sales dropped 15% to $1,700,000 this year. What was your market share dollar change?
Your score is
The average score is 33%
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