Mark up and Mark Down

A store is having a storewide ¼ off sale. What is the amount saved on an item that costs $7.25?

• $1.81

• $1.80

• $0.80

• $1.82

Tags

CCSS.6.NS.B.3

A used laptop costs $420. The laptop was then marked up 57% before selling it. What was the sale price of the laptop?

• $239.40 markup

• $239.40 markdown

• $239 mark up

• $240 markdown

Tags

CCSS.6.RP.A.3C

The original price of a wooden table is $34. With a discount of the 25%, what is the sale price?

• $25.50

• $26.00

• $25.00

• $25.60

Tags

CCSS.6.RP.A.3C

The sales tax rate is 4%. If Gus buys a new pair of shoes priced at $117.93, what will be the cost including tax?

• $122.7

• $123

• $122.65

• $122

Tags

CCSS.7.RP.A.3

Gloria is taking out a 7-year loan to buy a new car. Her loan is $38,000 with a 4% simple interest rate.

How much interest, in dollars, will Gloria have to pay over the seven years?

• $10,600

• $10,640

• $11,000

• $10,700

Tags

CCSS.7.RP.A.3

Gloria is taking out a 7-year loan to buy a new car. Her loan is $38,000 with a 4% simple interest rate.

How much interest, in dollars, will Gloria have to pay annually?

• $48,640

• $10,640

• $1,520

• $1,500

Tags

CCSS.7.RP.A.3

Mark up is....

• Added to the original price

• Deducted to the original price

Tags

CCSS.6.RP.A.3B

Annually means...

• One year

• More than one year

Tags

CCSS.3.OA.D.9

How do we find a mark up of an amount

• We add the mark up % to 100, then turn it into a decimal and multiply it by the original amount

• We subtract the mark up % to 100, then turn it into a decimal and multiply it by the original amount

Tags

CCSS.6.RP.A.3C

How do we find a mark down of an amount

• We add the mark up % to 100, then turn it into a decimal and multiply it by the original amount

• We subtract the mark up % to 100, then turn it into a decimal and multiply it by the original amount

Tags

CCSS.6.RP.A.3C