Percent Equation Word Problems and Discounts, Markups

Discount is ____________ from the price.

• Added

• Subtracted

• Multiplied

• Divided

When a price is increased, it is called a ____________.

• Markup

• Markdown

• Commission

• Sales Tax

Compares a number to 100

• interest

• rate

• ratio

• percent

A type of discount or percent decrease

• Sales Tax

• Markup

• Markdown

• Wholesale Price

A type of percent increase

• Markdown

• Discount

• Markup

• Wholesale

What is the retail price for a shirt that a store buys for $10 after a 30% markup?

• $7.00

• $3.00

• $13.33

• $13.00

A $10 shirt is on sale for 25% off the price. What is the sale price of the shirt?

• $7.50

• $2.50

• $12.50

• $17.50

Sam bought an $85.00 jacket for 40% off of the regular price.  How much did he pay for the jacket? 

• $75

• $51

• $36

• $90

A notebook is on sale for $1.50 with a 20% mark up. What is the sale price?

• $0.30

• $4.80

• $1.80

• $2.00

What is 8.25% as a decimal?

• 825

• 0.825

• 0.0825

• 82.5