Markup and Markdown Calculations

The video tutorial covers guided practice lesson 5.2 from the California Go Math curriculum for 7th grade. It explains how to convert markup percentages to decimals, write expressions for retail prices, and calculate retail prices for given costs. The tutorial also includes a detailed table of markup and retail prices for various items and demonstrates how to calculate sale prices using markdown percentages.

What is the main focus of the guided practice lesson discussed in the video?

• Geometry concepts

• Algebraic equations

• Statistics and probability

• Guided practice on markup and markdown

How is a 35% markup expressed as a decimal?

• 35.0

• 0.035

• 0.35

• 3.5

Which of the following is an expression for the retail price of a dress shirt with cost 's' and a 35% markup?

• s + 0.35

• s * 0.35

• s + 0.35s

• s - 0.35s

If a dress shirt costs $32, what is its retail price after a 35% markup?

• $42.00

• $35.20

• $32.35

• $43.20

How much is added to the original price of a $32 dress shirt with a 35% markup?

• $11.20

• $10.00

• $12.00

• $11.12

What is the retail price of an item that costs $18 with a 15% markup?

• $20.70

• $18.15

• $19.80

• $21.00

How do you calculate the sale price of an item with a markdown?

• Subtract the markdown from the original price

• Divide the original price by the markdown percentage

• Add the markdown to the original price

• Multiply the original price by the markdown percentage

What is the sale price of a $45 item with a 22% markdown?

• $37.80

• $40.00

• $35.10

• $32.50

If an item originally costs $89 and has a 33% markdown, what is the sale price?

• $61.50

• $58.00

• $60.00

• $59.63

What is the final price of a $279.99 item after a 75% markdown?

• $100.00

• $70.00

• $209.99

• $150.00