Discount
Markup
Tax
Discount/Markup & Tax
Finding Percent Markup/Discount
Simple Interest
100

What is the selling price of

Original price of socks: $5.00

Discount: 10%

$4.50

100

What is the selling price of

Cost of shorts: $29.99

Markup: 30%

$38.99

100

What is the selling price of

Original price of an oil change: $14.95

Tax: 5%

$15.70

100

What is the selling price of

Original price of a computer game: $19.99

Discount: 25%

Tax: 5%

$19.99*.25=$5

$19.99-$5=$14.99

$14.99*.05=$ 0.75

$14.99+$ 0.75 = $15.74

100

An item costs $4 before tax and $4.32 after sales tax.  What is the percent of sales tax?

8% tax

100

You get a student loan to pay for college this year.  Find the interest on a loan if you borrowed $2000 at 8% for 1 year.


Interest =$160

200

What is the selling price of a computer game that costs $44.99 and is on sale for 43% off?

$25.64

200

The store wants to markup all jackets 45%.  If the original price of the jacket was $99.95, what is the price after markup?


$144.93

200

What is the selling price of

Original price of a comb: $0.50

Tax: 4%

$0.52

200

SHOW ALL WORK!!! What is the selling price of

Original price of a CD: $21.50

Discount: 55%

Tax: 4%

$21.5*.55=$11.83

$21.5-$11.83 =$9.67

$9.67*.04=$0.39

$9.67+$0.39 = $10.06


200

The selling price of an item is $650 marked up from the wholesale cost of $450.  Find the percent markup from wholesale cost to selling price.  Round to the nearest whole percent.

44% markup

200

To buy a car, Mitchell borrowed $18,000 for 4 years, at an annual simple interest rate of 9%.  If it takes him 4 full years to pay off the loan, how much interest will he pay?

Interest = $6,480

300

What is the selling price of

Original price of a pen: $2.70

Discount: 10%

$2.43

300

What is the selling price of

Cost of a parrot: $50.00

Markup: 40%

$70.00

300

Your total for food at the grocery store is $45.65.  The store has a 8% tax rate.  How much will you pay after tax?

$49.30

300

SHOW ALL WORK!!! What is the selling price of

Cost of an SUV: $22,000.00

Markup: 33.2%

Tax: 2%

$22,000*.332=$7,304

$22,000+$7,304 =$29,304

$29,304*.02=$586.08

$29,304+$586.08 =$29,890.08

300

Karen purchased a DVD player for $153.77.  The DVD player used to be $175.90.  Find the percent of discount rounded to the nearest percent. 

13% percent discount

300

Daniel's parents deposited $3,000 into his savings account as a college fund when he was born.  How much will Daniel have in his account after 15 years at a simple interest rate of 4.75%?

Interest: $2,137.50

Total in Account: $5,137.50

400

The store has a 50% off sale on all hats.  Kenny wants a hat that is $32.50.  What is the price of the hat on sale? 

$16.25

400

The pet store buys a lizard for $41.75.  It uses a 35% mark up on all animals before they are sold. How much will it cost you to buy the lizard at the pet store. 


$56.36

400

At the mall you purchase shoes for $129.99, pants for $45.50, and a hat for $39.99.  They use a 9% tax rate. How much is your total at the mall?


215.48

$234.87

400

SHOW ALL WORK!!! What is the selling price of

Cost of a comic book: $3.50

Markup: 73%

Tax: 2.3%

$3.50*.73=$2.56

$3.50+$2.56 =$6.06

$6.06*.023=$0.14

$6.06+$0.14=$6.20

400

A computer store bought a program at a cost of $10 and sold it for $13.  Find the percent markup.

30% markup

400

Mackenzie invested $3,500 in a mutual fund at a yearly interest rate of 6%.  She earned $945 in interest.  For how long was the money invested?

4.5 Years

500

What is the selling price of

Original price of shoes: $39.95

Discount: 10%

$35.96

500

The car salesman uses a 65% markup before he sells the car to his customers.  How much would you pay for one of his cars?


$38,940

500

Your new phone will cost you $899 to purchase.  Verizon charges 11% tax.  How much will your phone cost you?


$997.89

500

SHOW ALL WORK!!! What is the selling price of

Original price of a purse: $29.95

Discount: 8%

Tax: 1%

$29.95*.08=$2.40

$29.95-$2.40=$27.55

$27.55*.01=$0.28

$27.55+$0.28 =$27.83

500

During a sale, a winter jacket is marked down from $68 to a sale price of $44.20.  What is the percent markdown?

35% markdown

500

How much principal will be invested to earn $51.30 in nine years at an interest rate of 3%?

Principal = $190

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