Markups & Discounts
The candy store is giving away all candy worth $1.50 for 20% off for Halloween during the month of October. How much will the candy be worth?
$1.20
Sales tax in NJ is 6.625%, how much would you pay for a video game system that costs $400?
$426.50
Old Price: $25.00 New Price: $15.00
.4 or 40% decrease
What is the simple interest formula?
I = Prt
The word percent means per(what number)?
100
A store runs a sale on sneakers at 30% off during the summer. A pair of Nikes usually costs $180, what is the sale price?
$126
A restaurant requires an 18% tip for a bill of $250. How much of a tip will you pay at $250?
$45
A deli that charged 5.00 for sandwiches now charges 6.25
.25 or 25% increase
What do all 4 letters in the simple interest formula stand for?
Interest = Principal*Rate*Time
An airline states that an airplane flight between two cities takes 2 hours. The airline also says that the actual flying time can change by up to 10% of that amount. What are the shortest and longest times in MINUTES for the airplane flight?
108-132 minutes
A hobby store marks up remote-controlled cars 20%. The original price was $35. What is the retail price to purchase a remote-controlled car at the hobby store?
$42
A food delivery service order requires a 12% tip. Your order is $35. What will be your total after tip?
$39.20
You just got a raise from $12/hr. to $13.50/hr. what percentage more do you make?
.125 or 12.5%
What is the Interest?
Principal=6,000 Rate = 3.5% Time = 14 years
$2,940
Anna sells computer software and makes a salary of $50,000 annually plus 6.5% commission on total sales. If Anna sells $3 million in computer software this year, how much does she make?
$245,000
A 10 sale had a pair of shoes that had a sale price of $76.50. What was the retail price?
$85
A salesman receives $15 on every $300 they sell. What percentage is their gratuity?
.05 or 5%
The population of deer in a protected area is 225. If the population increases at a rate of 24% per year, how many more deer will there be next year?
54 more deer
You take out a loan for $12,000 at 4% and plan to pay it back in 3 years. How much interest will you repay on top of the original $12,000?
$1,440
A display for rolls of tape indicates that each roll contains 150 yards of tape. If the actual length of tape can vary by 2% of that amount, what is the range for the length of tape on a roll?
147-153 (3 yards)
A store wants to sell everything in 2025 at a markup rate of 17%. What is the decimal form of this markup rate from the original prices?
1.17
Monty takes a cab to work and pays a fare of $12.75. He tips the driver 20% and an 8% tax is also added. How much in total does he spend on the trip?
$16.32
From 20 to 32
.6 or 60%
You take out a loan for $12,000 at 4% and plan to pay it back in 3 years. How much IN TOTAL will you repay on top of the original $12,000?
$13,440
A car salesman makes a 3% commission on his yearly sales. If he sells $675,000 worth of cars this year what will he make in commission?
$20,250