Percent Application

What would be the sale price?

$4,200 with a 35% markdown

• 4,165

• 5,670

• 1,470

• 2,730

A laptop was originally sold for $975. The laptop is now on sale for $828.75. What is the percent markdown?

• 20%

• 15%

• 85%

• 30%

Jermaine buys T-shirts for $6 each and marks up the price by 45%. How much profit does Jermaine make from each T-shirt sold?

• $2.70

• $3.30

• $4.50

• $6.50

Which equation represents the total interest, T, earned when the principal amount is $100, the annual simple interest rate is 1%, and the number of years is 10?

• T = 100 * (10 + 0.1)

• T = 100 * (10 + 0.01)

• T = 100 * 0.1 * 10

• T = 100 * 0.01 * 10

Darryl deposits $1,500 into a savings account that has a simple interest rate of 2.7%. How much total money will he have in his savings after 10 years (assume he makes no deposits and no withdraws).

• $1,750

• $2000

• $405

• $1,905