Markups + Markdowns practice problems

A retailer purchases a cell phone for $850 and plans to markup the cost by 10%. What is the amount of markup?

• $850.10
• $85
• $85.50
• $935

A real estate agent will earn a 3% commission on the sale of a home. If they find their client a home that costs $250,000, how much commission will the real estate agent earn?

Mathematical Equivalence

ON

An auto mechanic charges a 35% markup based on the cost for parts. What is the total cost after the markup if the tires cost the mechanic $500?

• $635

• $550
• $675
• $175

The Vanderbeek’s had $250 worth of school uniforms in their cart. If they also have to pay a 6% sales tax on these clothes, how much will they end up paying?

Mathematical Equivalence

ON

The Rosenmayer’s planned to use a 15% discount coupon for their pizza order. If their order, before discount, came to $45, how much will they save using the coupon?

• $6.75
• $9.00
• $13.50
• $4.50

A golf shop was offering 35% off their entire store, one weekend. If a set of clubs was originally priced at $470, how much will someone save by purchasing the clubs this weekend?

Mathematical Equivalence

ON

The Finley’s were planning to purchase several new pieces of furniture for their new home. The furniture came to $16,500, but they had a 20% discount coupon. How much did the Finley’s have to pay, after the discount?

• $3,300
• $16,500
• $13,200
• $13,500

A bicycle was originally priced at $240. For the holiday weekend, they were offering 30% off the entire shop. How much would the bicycle cost with this discount?

Mathematical Equivalence

ON

Do you have access to the internet when you are away from school (example: at home or a family members house)?

• Yes

• No

Is there anything that you do after school that makes it hard for you to complete your homework?