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Percent of change, Markup, and Discount

Total questions: 100

Worksheet time: 8hrs 20mins

Name
Class
Date
1.

Match the vocabulary word to its definition.

a)

Markup

1.

Retailer charges more than what they bought the item for.

b)

Discount

2.

A percentage of the retail price taken off.

c)

Commission

3.

A percentage earned from an amount sold.

d)

Fee

4.

A charge per service, can be a set amount or a set percentage per transaction.

e)

Principal

5.

The initial amount of money either borrowed or invested.

2.

Select the three choices that get added to the original price.

a)

markup

b)

tip

c)

discount

d)

sales tax

3.

Match the following:

a)

A Discount is...

1.

...Subtracted from the price.

b)

A Markup is...

2.

...Added to the price.

c)

I=Prt is the...

3.

...Equation for simple interest.

d)

Tips and Fees are...

4.

...Added to services.

4.
Find the PERCENT of Change.
The original cost was $50 and the new cost is $60. 
a)
Increase 20%
b)
Increase 16.67%
c)
Increase $10
d)
Decrease $10
5.
Ann works in a supermarket for $10.00 per hour. She received a raise to $12.00. What is the percent of change in her hourly wage?
a)
Increase 16.67%
b)
Decrease 16.67%
c)
Increase 20%
d)
Decrease 20%
6.
Angela spent $30.00 at a restaurant.  If she leaves a 15% tip, how much will her TOTAL BILL be? 
a)
30.00
b)
45.25
c)
$ 34.50
d)
35.65
7.

You order a meal for $40.84. What is the tip if you leave 20%?

Tip only

a)

$8.17

b)

$49.01

c)

$40.84

d)

$9.17

8.

If Ms. Marshall gets a $10.00 notebook and pays for it with a 50% off coupon, how much does she pay?

a)

$2.50

b)

$5.00

c)

$3.00

d)

$5.50

9.

If you go to the store and buy a $100.00 iPad for 20% off discount how much would the iPad cost

a)

$20.00

b)

$50.00

c)

$80.00

d)

$8.00

10.

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

a)

$30

b)

$105

c)

$45

11.

A magazine subscription has a cover price of $35. It is on sale for 67% of the original price. Find the sale price of the magazine subscription.

a)

$11.55

b)

$58.45

c)

$23.45

12.

Find the sale price of a bike that is regularly $110 and is on sale for 45% off the original price!

(a)  

13.

Find the selling price on a pair of shoes that a store pays $30 for with a 25% markup.

(a)  

14.

Find the selling price of a guitar a store pays $100 for with a markup of 34%.

(a)  

15.

Find the selling price for a coat that originally costs $43 with a discount of 40% off.

(a)  

16.

A store is selling a coat rack for 80% off of the original price of $640. Find the sale price of the coat rack.

(a)  

17.

A salon has a sale on hair products as 25% off. Find the sale price of a shampoo and conditioner set that regularly costs $30.

(a)  

18.

A store buys a new phone for $750 and wants to sell it with a markup of 48%. How much will the selling price be for the phone?

(a)  

19.

A computer game costs $25. The store uses a markup rate of 40%. Find the selling price of the computer game.

a)

$40

b)

$15

c)

$33

d)

$35

20.

A product is originally priced at $55 and is on sale for 25% off. How much is the discount?

a)

$11.25

b)

$14

c)

$13.75

d)

$41.25

21.

Sam bought an $85.00 jacket for 40% off of the regular price. What is the sale price of the jacket?

a)

75

b)

51

c)

36

d)

81

22.

Discount is ____________ from the price.

a)

added

b)

divided

c)

subtracted

d)

eaten by

23.

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

a)

$7.50

b)

$2.50

c)

$12.50

d)

$17.50

24.

A store pays $32.00 for each video game. The store’s percent of mark up is 75%. Which shows the sale price of the video game?

a)

$60.00

b)

$56.00

c)

$24.00

d)

$8.00

25.

The Clothes Barn is having a 60% off sale on shorts. You paid $14 for a pair of shorts. What was the original price of the shorts?

a)

$23.33

b)

$22.40

c)

$5.60

d)

$35

26.

Sunglass Shack is having a 50% off sale on sunglasses. Juan paid $22 for a pair of sunglasses. What was the original price?

a)

$44

b)

$33

c)

$11

d)

$23.10

27.

Home Depot is having a 45% off sale on air conditioners. Sarah pays $124 for an air conditioner. What was the original price?

a)

$55.80

b)

$68.20

c)

$225.45

d)

$179.80

28.

Find the sale price:


Original price- $82

Discount- 10%

a)

$90.20

b)

$73.80

c)

$10

d)

$8.20

29.

Find the original price:


Discount- 36%

Sale price- $32

a)

$50.00

b)

$43.52

c)

$11.52

d)

$23.00

30.

Find the selling price


Original: $32

Markup: 16%

a)

$5.12

b)

$26.88

c)

$35.00

d)

$37.12

31.

Find the sale price:


Original price: $130

Discount: 45%

a)

$78.00

b)

$65.00

c)

$20.50

d)

$52.00

32.

Find the percent discount:


Original price: $500

Sale price: $175

a)

20%

b)

35%

c)

65%

d)

40%

33.

Markup is __________ to the price

a)

added

b)

divided

c)

subtracted

d)

multiplied

34.

Find the sale price:


Original price: $20

Markup: 15%

a)

$23

b)

$17

c)

$20

d)

$3

35.

Find the original price:


Discount- 30%

Sale price- $42

a)

$12.60

b)

$29.40

c)

$60.00

d)

$25.20

36.

The percent of sales tax is 6%. What is the amount of tax on a skateboard that costs $98?

a)

$4.90

b)

$5.88

c)

$3.92

d)

$6.86

37.

The original price of your backpack was $35. This month the price is $42. What is the percent change?

a)

20%

b)

35%

c)

17%

d)

14.6%

38.

When you have a discount, do you add or subtract from the total?

a)
Subtract
b)
Add
39.
When you have tax, do you add or subtract it from the total?
a)
Add
b)
Subtract
40.

When you have tip, do you add or subtract it from the total?

a)
Add
b)
Subtract
41.

What is 25% of 44?

(a)  

42.

The regular price of a jacket is $62.00. If the discount rate is 15%, how much was the discount?

price x .% = discount

a)

$9.30

b)

$25.00

c)

$52.70

d)

$45.75

43.

Tessa takes her friends out to lunch and the total cost of the meal is $120.30. The restaurant added a 20% tip. How much money was added for the tip?

price x .% = tip

a)

$24.06

b)

$144.36

c)

$6.02

d)

$12.03

44.

What is the total cost with sales tax? Price $17.95 Tax 6%

price x .0% = tax

price + tax = total cost

a)
$19.03
b)
$18.50
c)
$1.08
d)
$2.15
45.

How much would the tip be if you left 18% on a $75.45 steak dinner?

price x .% = tip

a)
$ 13.58
b)
$ 89.03
c)
$ 61.87
d)
$135.80
46.

I bought a sweater at Old Navy for 20% of the original price. This is an example of ____________.

a)

markup

b)

percent decrease

c)

percent error

d)

discount / markdown

47.

True or False: when determining percent, it is always a quantity out of 200.

a)

True

b)

False

48.

When a price is raised in order to make a profit, this is called:

a)

Profit

b)

Markup

c)

Profit

d)

Tax

49.

When you make money, you earn a:

a)

Markup

b)

Sale

c)

Profit

d)

Discount

50.

When a price gets lowered, this is known as:

a)

Markdown

b)

Profit

c)

Markup

d)

Percent

51.

All the following terms represent a markdown, except:

a)

Sale

b)

Clearance

c)

Markup

d)

Discount

52.

Discount is ____________ from the original price.

a)

Added

b)

Divided

c)

Multiplied

d)

Subtracted

53.

Markup is _________________ to the original price.

a)

Added

b)

Divided

c)

Multiplied

d)

Subtracted

54.

When a discount is applied to an item, the amount you pay for the item is called the:

a)

Original price

b)

Sale price

c)

Percent off

d)

Discount

55.

When a markup is applied to an item, the amount you pay for the item is called the:

a)

Original price

b)

Sale price

c)

Selling price

d)

Percent

56.

Mrs. Allison buys Gucci bags wholesale for $28.00 and marks them up 900% to sell on her online store, what is the selling price of the bags?

a)

$280.00

b)

$252.00

c)

$928.00

d)

$224.00

57.

A pair of boots are $94.00. They are 25% off. What is the discount?

a)

$2375.00

b)

$70.50

c)

$117.50

d)

$23.50

58.

A television that costs $360.99 is on sale for 75% off. Find the sale price of the television.

a)

$270.74

b)

$90.25

c)

$631.73

d)

$27,074.00

59.

A bracelet costs $36 after a 25% discount. Find the original price.

a)

$9.00

b)

$28.00

c)

$48.00

d)

$45.00

60.
Ruben bought a Halloween costume with a 25% discount, if the costume cost $43.25. How much did he save?
(Round to the nearest hundredth if necessary)  
a)
$10.8125
b)
$10.81
c)
$32.44
d)
$52.30
61.
Adam bought a Supreme sweatshirt with a 50% discount. If the sweatshirt cost $64.75, how much did Adam pay? 
(round to the nearest hundredth if necessary)
a)
$32.38
b)
$32.375
c)
$32.10
d)
$602.3
62.
Tyler bought a  pair of yeezys with a 25% markup. If the yeezys cost $282, how much would they cost. 
a)
$3000
b)
$352.50
c)
$103
d)
$1378
63.
Mark's Doughnut Shop is having an 8% sale on all there doughnuts. If 1 doughnut cost $0.56, how much would it cost for 50 doughnuts?
a)
$350
b)
$0.07
c)
$26
d)
$25.76
64.
Ben bought a Rolex for $150,000 with a 100% markup, how much will it cost?
a)
$300,000
b)
$30,000
c)
$30,000,000
d)
$3,000
65.
Mr.Slaff bought a 4,500 page math textbook for $315 with a 200% markup, how much will I cost ?
a)
$945
b)
$1,000
c)
$00.30
d)
$10,000
66.
Mason bought a lacrosse stick for $48.79 with a 10% discount, how much will it cost. 
( round to the nearest hundreth if necessary) 
a)
$12,000
b)
$58.78
c)
$43.91
d)
$41.04
67.
Melgar bought a pack of gum for $2 with a 3% markup, how much will it cost?
a)
$1.50
b)
$2.03
c)
$3.50
d)
$2.06
68.
Amelia bought a gold ring for $2,314 with the 50% discount, how much did the ring intentionally cost?
a)
$1345
b)
$1157
c)
$5,820
d)
$48,600
69.
Fahey bought a $4,000,000.99 car with the 10% discount, how much did the car initially cost? Round to the nearest hundredth if necessary.
a)
$4400000.49
b)
$3,000,758
c)
$4,589,689
d)
$4,400,001.089
70.
Maria bought a mansion for 3,000,000,000 with a 50% discount, how much will the mansion cost?
a)
$0
b)
$12,474,939
c)
$1,500,000,000
d)
$3,400,000,000
71.
Sean bought a gourmet dinner for $447 with a 60% markup, How much did the dinner cost?
a)
$715
b)
$762
c)
$653
d)
$12
72.
Chris bought a $568.80 tv with a 40% markup, how much does the tv cost? (Round to the nearest hundredth if necessary)
a)
$234.50
b)
$796.32
c)
$1,980
d)
$874
73.
Ryan bought a yacht for $350,000.89 with a 60% discount, how much does the yacht cost? Round to the nearest hundredth if necessary
a)
$500,000
b)
$666,666
c)
140,000,034
d)
$140,000.36
74.
Julian the movie director is buying a movie fan from the first godzilla movie if it cost $300.55 with the discount of 45%, how much did it initially cost?  
(round to nearest hundredth if necessary) 
a)
$667.88
b)
$165.30
c)
$567
d)
$321
75.
Amanda is planning to resell her gold ring for the same price of $412.25 with a 50% markup. What is the price of the ring?
(Round to the nearest hundredth if necessary.)
a)
$617.45
b)
$618.38
c)
$324.69
d)
$400
76.
Jorge the 3rd is planning to go on vacation for the summer to the Bahamas. He has a 20% coupon and if the airplane ticket cost $2,532.61 how much will the flight cost?
a)
$2,025.09
b)
$2,002
c)
$100
d)
$2,026.08
77.
Nick bought a $208,346 house with a 5% markup. How much does it cost?
a)
$218,763.30
b)
$456,000
c)
$1,000,000
d)
$234,904.50
78.
Mr. Palen is planning to resell a gold car for the same price of $619,361,342 with a 25% markup. How much will the car cost?
a)
$774,201,678.55
b)
$400,456.80
c)
$774,201,677.5
d)
$733,201,677.6
79.
A painting cost $4,563 though over a span of 5 years increased by 500%. How much does it cost now?
a)
$41,000
b)
$27,378
c)
$31,000
d)
$27,386
80.
Aaron is having a garage sale, if all his items cost $5. How much would they cost if they were 50% off.
a)
$2.50
b)
$3.50
c)
$7
d)
$2.90
81.
A TV that normally cost $800 is on sale for 33% off.  There is a 6% sales tax on the purchase.  What is the final cost of the TV?
a)
$536.00
b)
$568.16
c)
$279.84
d)
$321.60
82.
You plan to purchase a plane ticket for $299.00 and you are going to use a discount code to receive 15% off.  How much will the ticket cost?
a)
$149.50
b)
$254.15
c)
$343.85
d)
$44.85
83.
You are planning a vacation to Hawaii that will cost $5875, but if you schedule it today you can save 20%.  How much will you save by scheduling it today?
a)
$7050.00
b)
$4700.00
c)
$1175.00
d)
$117.50
84.
Henry earns $7.75 per hour.  He just received a 3% raise.  How much does he now earn if he works for 40 hours?
a)
$7.98
b)
$403.20
c)
$319.20
d)
$2.33
85.
Mrs. Frost is a real estate agent.  She earns 6% commission on her sales plus $2,000 each month.  Last month her sales totaled $523,250.00.  How much did she earn last month?
a)
$31,395.00
b)
$33,395.00
c)
$313,950.00
d)
$333,950.00
86.
The number of students in the school went from 1028 down to 755.  What is the percent decrease?
a)
26%
b)
27%
c)
36%
d)
136%
87.
23 is what percent of 67?
a)
34.3%
b)
0.3%
c)
2.9%
d)
291.3%
88.
72% of what number is 40?
a)
28.8
b)
1.8
c)
55.6
d)
5555.6
89.
The Green family went to dinner and the bill was $67.45.  Mr. Green wanted to leave an 18% tip for the waiter.  How much will the waiter receive?
a)
$121.41
b)
$55.31
c)
$79.59
d)
$12.14
90.
Mr. Potter purchased an owl for $87.  To his surprise it was on sale for $65.  What was the percent of change?
a)
74.7%
b)
133.8%
c)
34%
d)
25.3%
91.
The drawing of the statue is 3.3 inches tall.  This is 15.5% of the real height of the statue.  How tall is the real statue?
a)
34.7 feet
b)
21.3 feet
c)
0.5 feet
d)
5.2 feet
92.
Meghan paid $7 for a book.  This price included a 20% discount.  What was the original price of the book?
a)
$8.40
b)
$5.60
c)
$8.75
d)
$12.60
93.
Jack had to purchase a book for college.  The book cost $280 at the campus store.  Jack found it online for 15% off.  How much can he save if he purchases it online?
a)
$420
b)
$322.00
c)
$238
d)
$42.00
94.
 A store pays $1.50 for a bag of candy.  If the store wants to mark-up the price 60%, for how much will the store sell the bag of candy?

a)
$0.60
b)
$2.40
c)
$0.90
d)
$6.00
95.

A store pays $32.00 for each video game. The store’s percent of mark up is 75%. Which shows the retail price of the video game?

a)

$60.00

b)

$56.00

c)

$24.00

d)

$8.00

96.
Find the total cost.  $20 meal; 9% sales tax; 20% gratuity after the sales tax has been added
a)
$ 1.80
b)
$ 4.00
c)
$26.16
d)
$29.20
97.
Discount is ____________ from the price.
a)
added
b)
divided
c)
subtracted
d)
Mr. Ed is very old
98.
A grocery store has a 20% markup on bottle of soda.  The bottle of soda costs the store $1.25. Find the selling price. Round to nearest cent if necessary.
a)
$1.5
b)
$1.50
c)
$0.25
d)
$1.00
99.
Markup is the amount that the price of an item is increased by.
a)
True
b)
False
100.
A cell phone regularly sells for $210 is on sale for 30% off. With this discount, find the sale price. Round to nearest cent if necessary.
a)
$630
b)
$273
c)
$63
d)
$147

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