Markup Mania
Markdown Madness
Sales Tax, Tips & Gratuity Oh My!
Percent Increase/Decrease
Simple Interest/Commissions
100

A store buys a t-shirt for $8. They want to make a 60% markup on the selling price.
What is the selling price of the t-shirt?

$12.80

100

A pair of sneakers originally costs $80. The store is offering a 25% markdown.
What is the sale price of the sneakers?

$60

100

Maria’s dinner costs $36 before the tip. She wants to leave a 20% tip for the server.
How much should Maria leave for the tip, and what will her total bill be?

Tip: $7.20

Total: $43.20

100

A cell phone used to cost $400, but the price increased to $460.
What is the percent increase of the phone?

15%

100

Jordan works at a sneaker store and earns 8% commission on the shoes he sells.
Last weekend, he sold $450 worth of shoes.

How much money did Jordan earn from commission?

$36

200

A store buys a video game console for $250. They mark it up by 40% before selling it.
What is the selling price of the console?

$350

200

A winter coat that usually sells for $120 is on sale for 30% off.
What is the new price of the coat?

$84

200

A pair of shoes costs $65. The sales tax rate is 8%.
What is the amount of tax, and what is the total cost of the shoes?

Tax: $5.20

Total: $70.20

200

A movie ticket originally cost $12, but the theater lowered the price 10 $9 for students.
What is the percent decrease?

25%

200

A real estate agent earns a 5% commission on each house she sells.
If she sells a house for $180,000,

$9,000

300

A bookstore buys a new novel for $12 per copy. They mark up the price by 25%.
How much will a customer pay for the book?

$15

300

A laptop’s regular price is $900. It’s marked down by 15% during a special promotion.
What is the sale price of the laptop?

$765

300

Jordan’s haircut costs $25. He leaves a 15% tip for the barber.
What is the total amount Jordan pays?

Tip: $3.75

Total: $28.75

300

Concert tickets were $80 last year. This year, the price increased bto $88.
What is the appreciation this year?

10%

300

Find the simple interest.

Year         Principal           Rate

  1            $1,800             1.5%

$27

400

A furniture store buys a chair for $85. They mark it up by 75%.
Find the selling price of the chair.

$148.75

400

A box of cereal costs $4.50, but the store is offering a 20% markdown this week.
What is the sale price of the cereal?

$3.60

400

A tablet costs $300, and the sales tax is 7.5%.
What is the total price of the tablet after tax?

Tax: $22.50

Total: $322.50

400

A laptop that normally costs $1,000 is now $800 for a sale.
What is the depreciation laptop?

20%

400

Find the simple interest.

Year         Principal           Rate

  2            $1,827              2%

$73.08

500

A candy shop buys a large box of chocolate for $20 and marks it up by 150% to sell smaller boxes.
What is the new selling price?

$50

500

A couch that costs $1,200 is marked down by 40% for a clearance event.
Find the sale price of the couch.

$720

500

A family’s meal costs $50 before tax and tip. The sales tax is 6%, and they leave a 20% tip (based on the meal price).
What is the total amount they pay?

Tax: $3

Tip: $10.60

Total: $63.60

500

A small town had 8,000 people last year. This year, the population increased to 8,960.
What is the appreciation?

12%

500

Find the principal amount.

Year         Principal           Rate           Interest Earned

  3                                  2.5%                $46.59

$621.20

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