Discounts
A t-shirt that is normally $19.95 is on sale for 20% off. What is the discount?
$3.99
A furniture store uses a 40% markup on cost. The wholesale cost of a couch is $450.00 What will be the markup?
$180
Alex wants to buy a computer that costs $599. If the sales tax is 7%, how much will the taxes cost for the computer?
$41.93
The purchased price after discount is called ______
sale price
Shirts are on sale for a buy one get one 30% off deal. You pick out two shirts that cost $24.95 each. What will the total cost be for the two shirts?
$42.41
The usual price of a T.V. was $400. During a sale it was sold at a discount of 15%. What was the discount?
$60
A clothing store used a markup rate of 80%. Find the selling price of a sweatshirt that cost the store $25 wholesale.
$45
The sales tax rate is 12%. If Sam buys a new television priced at $499, how much tax will he pay?
$59.88
A decrease in the original amount is called a ______
discount
A baseball bat, regularly priced at $60, is on sale for 30% off. The sales tax rate is 9%. What will the total cost for the bat including sale tax?
$45.78
Alana wants to buy the new America’s Top 50 Hits CD . The CD costs $15.99, but since she was one of the first 50 customers that day, she gets a 20% discount. How much will she save?
$3.20
If you buy a jacket at market for $19.65 and mark it up 30% before selling it in your store, what is the mark up amount?
$5.90
The sales tax rate is 10%. If Jennifer buys a garden bench for $48, what will the total cost be including sales tax?
$52.80
The increase from what a store pays to the selling price is called the _________
markup
You go out to dinner with 3 friends. The bill is $48. If you split the bill equally and leave an 18% tip, how much would each person pay?
$18.88
A hat that is regularly $15.99 is on sale for 25% off. What is the sale price of the hat?
$11.99
A jewelry store used a markup rate of 120%. Find the markup and the selling price of a necklace that cost the store $20.
$24 and $44.
A tent, regularly priced at $110 is on sale for 25% off. The sales tax rate is 7.5%. What will the total cost of the tent be including sales tax?
$88.69
______ is a percentage of increase on the purchased price and is usually paid to government.
Sales tax
The Rest Inn gives a 15% discount off of the regular rate of $145 per night if you book a three night stay. What would the cost be for a 3 night stay at the special rate?
$369.75
A pair of shoes, regularly priced $55, is on sale for 20% off. Find the sale price of the shoes.
$44
A grocery store uses a 21% markup on cost. Find the price of a box of cereal that the store bought wholesale for $3.30.
$3.99
The wholesale cost of a chair is $50. The retailer uses a 70% markup rate. Sales tax is 6%. What would a customer pay for the chair, including tax?
$90.10
Wholesale price refers to
the price that a store or business pays for goods that it will then sell to the public
You buy a shirt for $19.95 and a pair of shorts for $35.95. Shirts are on sale for 25% off and shorts are on sale for 30% off. What would you pay for the shirt and shorts after the discount?
$40.12