Price Setting
125% written as a decimal is...
1.25
A retailer buys a lamp at a wholesale price of $60 and then sells at a retail price of $75. Determine the percent markup.
25% markup
What is the unit cost for 3 tubes of toothpaste for $1.96?
$0.65 per tube of toothpaste
Which of the following prices is a better buy:
$1.89 for 2 L of pop
$0.54 for 355 mL
2L of pop is the better buy
Amanda changes $400 CAD into US dollars. How much US dollars did she get?
(1.00 CAD = 0.79 USD)
$316 CAD
Calculate 15% of 678.
101.7
You own a clothing store and have a standard markup of 95%. If a t-shirt costs you $6.55 to purchase, the price you would charge your customer is...
$12.77
$0.25 per donut
A 3 pound fruit tray costs $13.97 and a 2.5 pound fruit tray costs $11. Which is the better buy?
The 2.5 pound fruit tray.
An uncle of mine in England sent me a cheque worth 200 UK pounds. How much CAD was the cheque worth?
(1.00 CAD = 0.59 UK pounds)
$338.98 CAD
A lemonade recipe calls for 13 cups of water, 2 cups of brown sugar, 1 cup of white sugar, and 1 cup of lemon juice. What is the percentage of brown sugar to the total amount of ingredients?
12 percent
Tom bought a car for $34,000. After one year the car was only worth 70% of its original cost. How much is the car worth after one year?
The car is worth $23,800 after one year.
How much does a bag of frozen strawberries cost, if two bags of frozen strawberries are $8.39?
$4.20/bag of frozen strawberries
Which of the following prices is cheaper for tins of the same dog food?
a) 12 tins for $8.28
b) 3 tins for $2.08
c) 8 tins for $5.48
c) 8 tins for $5.48
You are leaving London and flying to Amsterdam. There is a sign that says before departing you must pay a 15 euro departure fee. How much is the fee in CAD?
(1.00 CAD = 0.70 Euro)
$21.43 CAD
Jon mixed 5 parts loam with 3 parts of peat moss for his garden. If he used 12 parts of peat moss, how much loam would he need?
He would need 20 parts of loam
Sue owns a computer store. She buys her computers for $600.00 and sells them for $750.00. What percent of profit does she make on each computer?
She makes 25% profit on each computer.
You are buying Gingerbread village kit for a total $13.81. The kit gives you enough materials to make 5 mini gingerbread houses. Approximately how much does each gingerbread house cost before tax?
Before tax each gingerbread house costs $2.62.
Costco sells a club size bag of chips - 750 g for $3.45. Walmart sells a smaller bag of chips - 200 g for $1.50. Which is the better deal per gram and by how much?
Costco has the better deal and is $0.0104 cheaper
You are getting two job offers:
a) Work in Calgary for $28.50 CAD /hour
b) Work in Melbourne for $31.25 AUD /hour
Which job will give you the highest earnings? How much more would you earn?
(1.00 Australian Dollar = 0.91 CAD)
a) Work in Calgary for $28.50 CAD /hour
You would be earning $0.06 CAD more.