Markups and Discouts
Taxes and Gratuities
Simple Interest
300

Old: 80

New:56

Markup or markdown 

30% markdown 

300

total: 50

Tip: 3%

tax:5%

$625

300

p:3000

t:9

r: 7%

 i=$1890

400

New:7

Old:6

round to the nearest hundredth

markup or markdown?

16.67% markup 

400

total:$100

original price: $68

round to the nearest hundredth

47.06%

400

i: 700

r: 3.5%

p: 2000

t= 10 years 

500

A game on at GameStop was $83. When Manuel looked on Amazon, he saw the same game for $10. Rounded to the nearest tenth, what percent was the markdown?

88% 

500

You and your friends go out for pizza at Johnny's Pizzeria. The bill comes out to $32 before tax and tip. If tax is 7.5% and you guys want to leave a 20% tip, how much will the total bill be?


$40.80

500

In 6 years, you make $2000 on an initial stock marked investment of $400. What was the interest rate rounded to the nearest tenth?

R= 83.3%

500

A store buys a shirt for $64. They sell it for $72. Was this a markup or markdown? How much percent?

12.5% markup 

500

At a restaurant the bill comes to $40. How much do you pay in total if you want to leave a 10% tip and pay 7% tax?

$50.40 

500

You borrow $400 from a friend. They tell you that you must pay 3.5% back on top of what you borrowed each each. If you borrow the money for 3 years, what was the interest earned?

i= $42

500

Emma bought a flower originally for $10 at a discounted price  of $6. What is the percent? Markup or markdown?

40% markdown 

500

Mary bought a tv for $50000. The tax 8%. How much is she going to pay?(price & tax)

$54000

500

At the Dream Bank every costumer earns $300 simple interest on a $500 deposit over 10 years. Find rate.  

r= 6%

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