Markups (Sales Tax, Gratuity/Tip, Commission)

Markups (Sales Tax, Gratuity/Tip, Commission)

Assessment

Flashcard

Other

7th Grade

Hard

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11 questions

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1.

FLASHCARD QUESTION

Front

If the sales tax rate is 8%, how much sales tax would you pay on a $50 purchase?

Back

$4

2.

FLASHCARD QUESTION

Front

If the bill amount is $80 and the gratuity rate is 15%, how much gratuity would you pay?

Back

$12

3.

FLASHCARD QUESTION

Front

If the bill amount is $60 and the tip rate is 20%, how much tip would you pay?

Back

$12

4.

FLASHCARD QUESTION

Front

If the commission rate is 5% and the sales amount is $500, how much commission would you earn?

Back

$25

5.

FLASHCARD QUESTION

Front

Find the selling price. Cost to the store: $80. Markup: 60%.

Back

$128

6.

FLASHCARD QUESTION

Front

An item that costs a company $44 is marked up to $70.40. What is the markup rate?

Back

60%

7.

FLASHCARD QUESTION

Front

mark up

Back

an increase

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