Discounts and Markups Lesson 6-5

Find the selling price if a store pays $75 for a bike and the markup is 40%.

• $30

• $105

• $45

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

Mr. Slaff bought a 4,500 page math textbook for $315 with a 200% markup, how much will I cost ?

• $945

• $1,000

• $00.30

• $10,000

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

Jill bought a sweater at the sale price of $25. The original cost of the sweater was $40. What percent represents the discount that Jill received when buying the sweater?

• 15%

• 37.5%

• 60%

• 62.5%

The number of students enrolled at a high school has increased from 398 to 503. Which is the best estimate of the percent of increase in enrollment?

• 10%

• 20%

• 25%

• 50%

Kayla works in a shoe store and is paid a 12% commission on her sales. In January, her sales total was $3,740. About how much did Kayla earn in commission for January?

• $312

• $449

• $3,291

• $4,189

• $300
• 6%
• 5 years

The rate is given as a percent (%).  Before using it in the simple interest formula, you must first convert it to a______.

• fraction
• decimal
• ratio
• dollar amount

What does the "p" in the interest formula stand for?

• Principal
• Interest
• rate
• time