Business Math- SHORTCUTS

Using complements is a way to shorten problems involving discount or markdown.

• True

• False

The complement of a 24% markdown is....

• 24%

• 1.24

• 76%

• 1.76

Find the multiplier in decimal form when a store has a 6 1/2% sales tax

• 6.5

• 1.065

• 1.65

• 1.0065

What would you multiply together (using the complement shortcut) to find price paid when a $89.22 item is discounted 35%?

• (89.22)(.65)

• (89.22)(1.65)

• (89.22)(.35)

• (89.22)(1.35)

What would you multiply together to show final price with a sales tax of 5 3/4% on a $213 purchase?

• (213)(1.575)

• (213)(94.25)

• (213)(1.0534)

• (213)(1.0575)

Use shortcut to find price after a discount of 29% is given to a $912.34 item.

• $264.58

• $647.76

• $674.76

• $1176.92

Find the final price if there is 4 1/4% sales tax on a grocery bill of $130.57

• $136.11

• $186.06

• $136.12

• $186.05

Calculate (using shortcuts) a 12% discount on a $814.22 purchase, with sales tax of 5%.

• $714.75

• $1074.77

• $757.22

• $752.34

Which is calculated first? Sales tax or discount?

• Discount

• Sales tax

You enter Macy's with a 15% off coupon. You find a shirt marked $52.99 on a rack having a 30% off placard. What is your final sale price on the shirt after taking both discounts?

• $31.53

• $29.14

• $7.95

• $15.90