Mark Up, Tax and Discounts

Mark Up, Tax, Tips and Discounts

By NICOLE BREWER

Mark-ups and Tax and Tip make the price INCREASE for the customer. (+)

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Discounts make the price DECREASE for the customer. (-)

Subject | Subject

Some text here about the topic of discussion

It costs Nike $150 to make these Jordans. They sell the shoe with a 30% markup. ​

​Some text here about the topic of discussion.

Markups

Multiple Choice

If it costs Nike $150 to make these shoes, and they sell at a 30% markup, what is the MARKUP?

• $45

• $4.50

• $50

• $5

Multiple Choice

If it costs Nike $150 to make these shoes, and they sell at a 30% markup, what is the FINAL PRICE for these shoes?

• $150

• $195

• $180

• ONE MILLION DOLLARS

Multiple Choice

If the listing price is $195, but they're on sale for 20% off, what will the discount be?

• $156

• $150

• $13.90

• $39

Multiple Choice

If the listing price is $195, but they're on sale for 20% off, what will the final price (tax not included) be?

• $156

• $150

• $13.90

• $39

Multiple Choice

If the listing price is $195, and the tax to be paid is 8.5%, what will the FINAL price of these Jordans be?

• $156

• $203.50

• $211.58

• $360.75

Poll

The same pair of Vans is for sale at 3 different stores. Which scenario is the best deal?

• Regular Price: $45, 40% off

• Regular Price: $49, 30% off

• Regular Price: $39, no sale

Multiple Choice

Ash went out to dinner and had a great waiter. He wants to tip him 20% of the bill. The total bill was $45.50. How much should he leave for a tip?

• ONE MILLION DOLLARS

• $10

• $91

• $9.10

Multiple Choice

Ash went out to dinner and had a great waiter. He wants to tip him 20% of the bill. The total bill was $45.50. What is his final total?

• $9.10

• $54.60

• $45.50

• $55.70