Discounts + Markups

A couch at wholesale price is $125. If the markup rate at the furniture store is 40%, what is the price of the new couch?

• $200

• $175

• $150

• $100

You buy a new pair of sunglasses at the store when they are having a 25% off sale. If the regular price of the sunglasses is $80, how much will you pay after the discount?

• $59.99

• $50

• $60

• $66

You go out to dinner and spend $35 on your meal. If you want to tip the waiter 20% of the price of your meal, how much will your tip be?

• $5

• $10.50

• $3.50

• $7

A ring costs a jeweler $360 to make. If they sell the ring for $630, what is the markup rate of the ring?

• 270%

• 60%

• 80%

• 75%

A book store is having a sale where if you buy 3 books, you will get a 5% discount off of the total price. If the 3 books cost $45 before the discount, what is the price of the books after the sale.

• $42.50

• $40

• $43.25

• $42.75

The new price of a skateboard after a 50% markup is $90. What was the original price before the skateboard was marked up?

• $45

• $59.99

• $60

• $55

The original price of the new iPhone is $700. However, Best Buy is having a sale, and all cell phones are 30%. What is the new price of the discounted iPhone?

• $490

• $280

• $350

• $560