Ratios & Proportions
Net & List Price
Invoices
Markup & Markdown
100

In a math class, the number of international students is 18 and the number of domestic students is 24.  Find the ratio of international to domestic students IN SIMPLIFIED (LOWEST) TERMS.

3:4

100

A wholesaler listed a toaster for $52.75, and offered discounts of 12% and 7%.  What was the net price of the toaster?

$43.17

100

Journey Travel Agency received an invoice for $17,560 dated September 21, 2024 with terms 5/10, 3/20, n/60 EOM.  What is the amount due on October 4 if the invoice is to be paid in full?

$16,682

100

The regular selling price of a jacket is $148.  The cost of the jacket was $81.  What is the amount of markup?

$67

200
If it costs 5000 Euros to buy 8770.59 New Zealand dollars, how much will it cost to buy 15,000 New Zealand dollars?

8551.31 Euros

200

After trade discounts of 15% and 4%, a retailer purchased boots from a supplier for $79.97.  What was the original list price of the boots?

$98.00

200

Big Eats Diner bought a new deep fryer.  They received an invoice for $1747 dated June 21 with terms 4/10, 1.5/20, n/45 ROG.  They received the deep fryer on July 7.  How much must be paid on July 9 to pay off the invoice in full?

$1677.12

200

Neil's Sportsworld is selling a pair of skis at a regular selling price of $459.  If they mark the price down 30% during an end-of-season sale, what will the sale price be?

$321.30

300

Bart, Lisa, and Maggie invested $21,000, $35,000 and $49,000 into a new business.  They decided to allocate their first year profits according to the ratio of their initial investments.  If the first year's profits were $296,000, how much will Maggie receive?

$138,133.33

300

A calculator was sold with discounts of 13%, 10% and 9%.  What was the single equivalent discount (SED) rate?  Do NOT round your final answer.

28.747%

300

Famous Promotions received an invoice for $22,450 dated February 7 with terms 3/10, 2/20, n/60.  If they make a partial payment of $6000 on February 21, how much will be credited to their account?

$6122.45

300

Pens & Paper Office Supplies operates with a markup that is 20% of selling price.  The purchased a table for $138 per unit.  Determine the regular selling price of the tablets.

$172.50

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