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B 130 Understanding Sales and Profit Calculations

Total questions: 151

Worksheet time: 6hrs 26mins

Name
Class
Date
1.

A product costs 100100 before tax. If the sales tax rate is 8%8\% , what is the total cost of the product including tax?

a)

108108

b)

110110

c)

112112

d)

115115

2.

A jacket is originally priced at 8080 . If a store offers a 25%25\% discount, what is the sale price of the jacket?

a)

5555

b)

6060

c)

6565

d)

7070

3.

A laptop was sold for 12001200 after a 20%20\% markup on the cost price. What was the original cost price of the laptop?

a)

900900

b)

950950

c)

10001000

d)

10501050

4.

A store offers a 15%15\% discount on a pair of shoes that costs 200200 . What is the amount of discount?

a)

2020

b)

2525

c)

3030

d)

3535

5.

If a product's price increases from 5050 to 6565 , what is the percent increase in the price?

a)

20%20\%

b)

25%25\%

c)

30%30\%

d)

35%35\%

6.

A car is sold for 15,00015,000 with a 10%10\% commission to the salesperson. How much commission does the salesperson earn?

a)

10001000

b)

12001200

c)

15001500

d)

18001800

7.

A store marks up the price of a chair by 40%40\% . If the original price was 5050 , what is the new price?

a)

6060

b)

6565

c)

7070

d)

7575

8.

A product is sold for 150150 after a 10%10\% discount. What was the original price before the discount?

a)

160160

b)

165165

c)

166.67166.67

d)

170170

9.

A store offers a 30%30\% discount on a 300300 item. What is the final price after the discount?

a)

200200

b)

210210

c)

220220

d)

230230

10.

If a product's price decreases from 8080 to 6060 , what is the percent decrease in the price?

a)

20%20\%

b)

25%25\%

c)

30%30\%

d)

35%35\%

11.

A salesperson earns a 5%5\% commission on sales. If they sell 20002000 worth of products, how much commission do they earn?

a)

5050

b)

7575

c)

100100

d)

150150

12.

A product is marked up by 25%25\% and sold for 125125 . What was the original cost price?

a)

9090

b)

9595

c)

100100

d)

105105

13.

A store offers a 20%20\% discount on a 500500 item. What is the amount saved from the discount?

a)

8080

b)

9090

c)

100100

d)

110110

14.

If a product's price increases from 200200 to 250250 , what is the percent increase in the price?

a)

20%20\%

b)

25%25\%

c)

30%30\%

d)

35%35\%

15.

A product is sold for 180180 after a 10%10\% discount. What was the original price before the discount?

a)

190190

b)

195195

c)

200200

d)

205205

16.

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

a)

profit

b)

markup

c)

discount

d)

tax

17.

When you make money, you earn a:

a)

markup

b)

sale

c)

discount

d)

profit

18.

When a price gets lowered, this is known as:

a)

markdown

b)

profit

c)

markup

d)

percent

19.

All the following terms represent a markdown, except:

a)

sale

b)

clearance

c)

markup

d)

discount

20.

Discount is ____________ from the original price.

a)

added

b)

divided

c)

subtracted

d)

multiplied

21.

Markup is _________________ to the original price.

a)

subtracted

b)

added

c)

divided

d)

multiplied

22.

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

23.

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

24.

A pair of boots are $94.99. They are 25% off. What is the discount?

a)

$71.24

b)

$118.74

c)

$166.23

d)

$23.75

25.

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

a)

$270.74

b)

$631.73

c)

$27,074.25

d)

$90.25

26.

Find the cost of a comic book for $3.95 with a markup of 20%

a)

$0.80

b)

$0.79

c)

$4.74

d)

$4.75

27.

Find the cost of an oil change for $18 with a markup of 70%

a)

$30.60

b)

$31.00

c)

$12.60

d)

$13.00

28.

Find the cost of a CD for $14.50 with a markup of 30%

a)

$18.85

b)

$18.86

c)

$4.35

d)

$4.36

29.

Find the cost of an oil change for $21.95 with a markup of 65%

a)

$36.21

b)

$36.22

c)

$14.27

d)

$14.26

30.

Find the cost of a pen for $0.95 with a markup of 60%

a)

$0.58

b)

$0.57

c)

$1.52

d)

$1.53

31.

Find the cost of a computer for $1,850.00 with a markup of 75%

a)

$1387.50

b)

$1387.60

c)

$3,237.50

d)

$3237.60

32.

Find the price of concert tickets for $100.00 with a discount of 21%

a)

$79.00

b)

$21.00

c)

$22.00

d)

$80.00

33.

Find the price of a telescope for $99.99 with a discount of 13%

a)

$86.99

b)

$87.00

c)

$12.99

d)

$13.00

34.

Find the price of a cd for $22.99 with a discount of 5%

a)

$21.84

b)

$21.85

c)

$11.50

d)

$1.15

35.

Find the price of a camera for $554.99 with a discount of 48%

a)

$266.40

b)

$266.39

c)

$288.59

d)

$288.60

36.

Find price of a CD for $17 with a discount of 50%

a)

$25.50

b)

$8.51

c)

$8.00

d)

$8.50

37.

Find the price of a CD for $22.95 with a discount of 10%

a)

$25.25

b)

$25.24

c)

$20.66

d)

$20.67

38.

Find the price of a book for $49.95 with 3% tax

a)

$51.45

b)

$51.44

c)

$48.45

d)

$48.46

39.

Find the price of a book for $90.50 with 4% tax

a)

$94.12

b)

$3.62

c)

$3.63

d)

$94.13

40.

Find the price of an MP3 Player for $99.50 with 4% tax.

a)

$3.98

b)

$103.49

c)

$103.48

d)

$4.00

41.

Find the price of a microphone for $129.99 with 1% tax.

a)

$1.29

b)

$1.30

c)

$131.28

d)

$131.29

42.

Your food bill at a restaurant was $23.50. You leave a 15% tip. What is the total cost of your meal?

a)

$27.03

b)

$3.53

c)

$3.52

d)

$27.02

43.

You buy a pair of jeans that is 33% off the original price of $29. What is the sale price?

a)

$9.57

b)

$19.44

c)

$19.43

d)

$38.57

44.

A store that sells skateboards buys them from a manufacturer at a wholesale price of $57. The store's markup is 150%.What is the retail price?

a)

$143.00

b)

$85.00

c)

$85.50

d)

$142.50

45.

At a restaurant, you order a meal that costs $12. You leave a 20% tip. What is the total cost of the meal before taxes?

a)

$14.40

b)

$15.00

c)

$12.60

d)

$0.12

46.
  If you receive 25% off an item costing $22.00, how much money do you save?
a)
$ 5.50
b)
$ 4.25
c)
$6.00
d)
$7.35
47.
Sales tax is __________ to the price
a)
subtracted
b)
added
c)
multiplied
d)
divided
48.
Ralph buys a computer for $675. The sales tax rate is 6%. How much did Ralph pay for the computer?
a)
40.50
b)
715.50
c)
6.00
d)
634.50
49.

Regular price: $174. Discount: 40%. Find the sale price. Round to nearest cent if necessary.

a)

$104.40

b)

$140.40

c)

104.4

d)

69.6

50.
Discount is ____________ from the price.
a)
added
b)
divided
c)
subtracted
d)
Mr. Ed is very old
51.
Find the total cost.  Dinner with tax included is $23.77; you leave a 10% tip.
a)
$ 2.38
b)
$ 2.37
c)
$ 26.15
d)
$ 21.39
52.
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
53.
What is the total price of a book if Barnes and Nobles gets it for $4.25 and the markup is 30%?
a)
$55.25
b)
$1.28
c)
$5.53
d)
$4.38
54.
Gratuity is _______________ to the price.
a)
added
b)
subtracted
c)
multiplied
d)
Coach Ed is old
55.
 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
56.
A $10 shirt is on sale for 25% off the price. What is the sale price of the shirt?
a)
$7.50
b)
$2.50
c)
$12.50
d)
$17.50
57.
A video store’s regular price of a video is $25.95, and it’s on sale for 25% off. What is the sale price of the video?
a)
$19.46
b)
$25.75
c)
$6.49
d)
$32.44
58.
Find the total cost: 
$ 990 TV;
9% tax 
a)
$ 89.10
b)
$ 900.90
c)
$ 1,079.10
d)
Free
59.
You have dinner at a restaurant and the cost of your meals is $28.00. Because of the mess you made, you want to leave a 20% tip. What is your total bill including tip?
a)
33.60
b)
40.00
c)
24.60
d)
30.50
60.
A pair of boots are $94.99.  They are 25% off. With this discount, what is the sale price? Round to nearest cent if necessary.
a)
$71.24
b)
$118.74
c)
23.7475
d)
$23.75
61.
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
62.
Discount is ____________ from the price.
a)
added
b)
divided
c)
subtracted
d)
Mr. Ed is very old
63.
A basketball backboard set that sold for $79 is discounted 15%.  What is the sale price?
a)
$67.15
b)
$11.85
c)
$90.88
d)
$68.85
64.
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
65.
Markup is the amount that the price of an item is increased by.
a)
True
b)
False
66.

What is 60% of 55?

(a)  

67.

There is a jar of jellybeans on Mr. Schidrich's desk. 40% of the jellybeans are red. If there are 55 jelly beans in the jar, how many are red??

a)

20

b)

22

c)

24

d)

25

68.

What is 35% as a decimal?

(a)  

69.

What is 0.452 as a percent?

a)

45.2%

b)

4.52%

c)

0.452%

d)

452%

70.

What is 30% of 450?

a)

30

b)

135

c)

450

d)

100

71.
 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
72.

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

73.
Sales tax is __________ to the price
a)
subtracted
b)
added
c)
multiplied
d)
divided
74.
Sam bought an $85.00 jacket for 40% off of the regular price.  How much did he pay for the jacket? 
a)
75
b)
51
c)
36
d)
isaiah
75.
Discount is ____________ from the price.
a)
added
b)
divided
c)
subtracted
d)
divided
76.
Find the total after the discount :$89.95 DVD player; 5% discount 
a)
$85.45
b)
$5.45
c)
$8.00
d)
$90.00
77.
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
78.
What is the total cost with sales tax?
Price $330.00
Tax 7%
a)
$360.00
b)
$375.00
c)
$353.10
d)
$23.10
79.
What is the total cost with sales tax?
Price $30.10
Tax 7%
a)
$35.00
b)
$25.18
c)
$2.11
d)
$32.21
80.

Your parents took your family out to dinner. You parents wanted to give the waiter a 15% tip. If the total amount of the dinner was #42.00, what should be paid to the waiter as a tip?

(a)  

81.

What is 35% as a decimal?

(a)  

82.

What is 0.452 as a percent?

a)

45.2%

b)

4.52%

c)

0.452%

d)

452%

83.

What is 60% as a fraction in simplest form?

(a)  

84.

What is 410\frac{4}{10}  as a decimal?

(a)  

85.

What is 1720\frac{17}{20}  as a percent?

a)

68%

b)

75%

c)

85%

d)

0.85%

86.

What is 0.48 as a fraction in simplest form?

(a)  

87.

The percent proportion looks like:

a)

a100=wp\frac{a}{100}=\frac{w}{p}

b)

aw=p100\frac{a}{w}=\frac{p}{100}  

c)

wa=p100\frac{w}{a}=\frac{p}{100}  

d)

ap=w100\frac{a}{p}=\frac{w}{100}  

88.

What number is 40% of 80?

a)

30

b)

32

c)

320

d)

40

89.

42 is 25% of what number?

a)

10.5

b)

60

c)

168

d)

16.8

90.

16 is what percent of 80?

a)

20%

b)

200%

c)

128%

d)

12.8%

91.

Of the 160 7th graders at CMS, 96 donate canned goods to the food drive. What percent of the 7th graders donated food?

a)

60%

b)

66%

c)

96%

d)

99%

92.

What number is 17% of 50?

(a)  

93.

12 is 40% of what number?

(a)  

94.

88 is what percent of 160?

(a)  

95.

Calculate the percent increase. Round to the nearest percent.


Original: 74

New: 85

a)

0.15%

b)

0.13%

c)

13%

d)

15%

96.

Calculate the percent increase. Round to the nearest percent.


Original: 45

New: 92

a)

51%

b)

1.04%

c)

104%

d)

.51

97.
The regular price of a scooter is $65.50. It is on sale for $52.40. What is the percent decrease from the regular price to the sale price of the scooter? 
a)
35%
b)
25%
c)
30%
d)
20%
98.
Lacey bought a new purse that originally cost $25 and is on sale for $15. Find the percent of change in the price in the purse.
a)
Decrease of 40%
b)
Decrease of 10%
c)
Decrease of 30%
d)
Decrease of 20%
99.

The attendance for the basketball game was estimated to be 15,000 people but 12,500 people actually attended. What was the percent error?

a)
16.67%
b)
20%
c)
2500%
d)
80%
100.
An archaeologist estimated that a fossil was 520 years old. It was actually 500 years old. What was the percent error?
a)
4%
b)
20%
c)
3.8%
d)
none of these
101.

A store item was priced at $40 and then the price increased to $50. What is the percent increase?

a)

A) 20%

b)

B) 25%

c)

C) 30%

d)

D) 35%

102.

A population of 1,200 animals decreases to 1,080 over a year. What is the percent decrease?

a)

A) 8%

b)

B) 10%

c)

C) 12%

d)

D) 15%

103.

If a dress is on sale for 15% off its original price of $65, what is the new price?

a)

A) $55.25

b)

B) $56.75

c)

C) $58.50

d)

D) $60.00

104.

A car's value decreases from $22,000 to $17,600. What is the percent decrease in the car's value?

a)

A) 18%

b)

B) 20%

c)

C) 22%

d)

D) 25%

105.

After a 30% increase, the new value of an item is $260. What was the original price?

a)

A) $200

b)

B) $182

c)

C) $220

d)

D) $240

106.

A stock price rose from $75 to $90. What is the percent increase?

a)

A) 15%

b)

B) 20%

c)

C) 25%

d)

D) 30%

107.

During a drought, a water reservoir's volume decreases from 10,000 cubic meters to 7,500 cubic meters. What is the percent decrease in volume?

a)

A) 20%

b)

B) 25%

c)

C) 30%

d)

D) 35%

108.

A student scored 70% on a test and then improved to score 84% on the next test. What is the percent increase in the student's score?

a)

A) 14%

b)

B) 16%

c)

C) 18%

d)

D) 20%

109.

A laptop is sold at a 10% discount from its original price of $1200. What is the sale price?

a)

A) $960

b)

B) $1020

c)

C) $1080

d)

D) $1100

110.

The price of a book was $35, but due to high demand, the price increased by 15%. What is the new price of the book?

a)

A) $38.25

b)

B) $40.25

c)

C) $42.50

d)

D) $45.00

111.

A bag of candy contains 300 pieces and 25% of the pieces in the bag are red.

Which is missing - the quantity, the whole, or the percent?

a)

quantity

b)

whole

c)

percent

112.

15 is what percent of 90?

Which is missing - the quantity, the whole, or the percent?

a)

quantity

b)

whole

c)

percent

113.

Maya spent 40% of her savings to pay for a bicycle that cost her $85.

Which is missing - the quantity, the whole, or the percent?

a)

quantity

b)

whole

c)

percent

114.

30% of what number is 24?

24 is the..

a)

percent

b)

quantity

c)

whole

115.

What is 15% of 80?

80 is the..

a)

percent

b)

quantity

c)

whole

116.

Membership of a club changes from 5 members to 12 members. Is this a percent increase or percent decrease?

a)

percent increase

b)

percent decrease

117.

A savings account changes from $1500 to $1250. Is this an increase or decrease?

a)

percent increase

b)

percent decrease

118.

Membership of a club changes from 5 members to 12 members. What is the amount of change (quantity)

a)

7 more members

b)

7 less members

c)

8 more members

d)

8 less members

119.

A savings account changes from $1500 to $1250. What is the amount of change (quantity)?

a)

$250 more

b)

$250 less

c)

$2750 more

d)

$2750 less

120.

What day of the week is Miss Castillo's long "Office Hours"?

a)

Monday

b)

Tuesday

c)

Wednesday

d)

Thursday

e)

Friday

121.

The Parent-Teacher Oragnization had 30 participants attend the first meeting of the school year and only 24 participants attend the second meeting.

Is the change a percent increase or percent decrease?

a)

percent increase

b)

percent decrease

122.

The Parent-Teacher Oragnization had 30 participants attend the first meeting of the school year and only 24 participants attend the second meeting.

What is the change in amount of participants?

a)

54 participants

b)

30 participants

c)

24 participants

d)

6 participants

123.

The percent equation is:

a)

Quantity = Whole x Percent

b)

Whole = Quantity x Percent

c)

Percent = wholequantity\frac{whole}{quantity}  

d)

Quantity = Part x Whole

124.

A store is advertising 20% off a Blu-Ray player. What percent are you paying?

a)

20%

b)

20

c)

80

d)

80%

125.

If a 6% sales tax is charged on an item, what percent are you paying?

a)

6%

b)

0.06%

c)

106%

d)

1.06

126.
The regular price of a scooter is $65.50. It is on sale for $52.40. What is the percent decrease from the regular price to the sale price of the scooter? 
a)
35%
b)
25%
c)
30%
d)
20%
127.
Mrs. Ciampa had 27 students in her class last year and this year she had 30 students in her math class. What is the percent change?
a)
24%
b)
20%
c)
11%
d)
50%
128.
Tickets to Disney World are $100.The price is going to increase on January 1. What is the percent of change if the cost increases to a $120?
a)
25%
b)
18%
c)
20%
d)
50%
129.
The number of people signed up for a bus trip increased from 32 to 45. What is the percent increase? Round to the nearest percent.
a)
52%
b)
41%
c)
42%
d)
45%
130.
Sales of the Xbox One increased from 10,000 to 18,500 in November. What was the percent increase?
a)
8.5%
b)
45.9%
c)
85%
d)
85.8%
131.

The play attendance decreased from 250 students to 195 students. What was the percent decrease?

a)

55%

b)

22%

c)

28.2%

d)

32%

132.
Find the Percent of Change.  Round to nearest Percent.
Microwave:  Originally $96 then price increases to $115.20
a)
20% Increase
b)
17% Increase
c)
20% Decrease 
d)
17% Decrease
133.
Find the Percent of Change.  Round to nearest Percent.
What is the markup rate on a $470 ring that is now $634.50?
a)
26% Decrease
b)
35% Decrease
c)
35% Increase
d)
26% Increase
134.
The Game Stop is having a sale on an originally $66.64 game. It is on sale for $29.99. What is the percent change?
a)
54.9% Decrease
b)
54.9% Increase
c)
549% Decrease
d)
549% Increase
135.
Miss Smith needed a new pair of gym shoes.  The original cost of the shoes was $120.00, but she was lucky and they were on sale for $69.98.  Calculate the percent change for her shoes (round to the nearest percent).
a)
42%
b)
50%
c)
70%
d)
73%
136.

The original price of a purse was $45, but it was changed to $54. Calculate the percent change.

a)

9%

b)

20%

c)

45%

d)

54%

137.
Three months ago, Santos could walk 2 miles in 40 minutes. Today he can walk 2 miles in 25 minutes. What is the percent change?
a)

37.5%

b)

38%

c)

63%

d)

62.5%

138.

In your own words, tell me the method you use to answer the following problem:

"In 1985, Air Jordans cost $65. Today, the average cost of Air Jordans is $218. By what percent did the price of shoes increase from 1985 to today?"

4 lines
139.
Find the percent increase. Round to the nearest percent.
From $5 to $8 
a)
40%
b)
60%
c)
55%
d)
65%
140.
Tickets to Disney World are $100.The price is going to increase on January 1. What is the percent of change if the cost increases to a $120?
a)
25%
b)
18%
c)
20%
d)
50%
141.
Sales of the Xbox One increased from 10,000 to 18,500 in November. What was the percent increase?
a)
8.5%
b)
45.9%
c)
85%
d)
85.8%
142.
Find the percent change.
Original amount:  10
New amount: 12
a)
20%
b)
12%
c)
15%
d)
50%
143.
Find the percent change.
Original amount:  16
New amount: 11
a)
5%
b)
31%
c)
.3%
d)
56%
144.
Find the percent increase. Round to the nearest percent.
From $5 to $8 
a)
40%
b)
60%
c)
55%
d)
65%
145.
Find each percent increase. Round to the nearest percent.
From 13 friends to 14 friends  
a)
20%
b)
12%
c)
15%
d)
8%
146.
Find each percent decrease. Round to the nearest percent.
From $80 to $64 
a)
35%
b)
10%
c)
20%
d)
25%
147.
Find each percent decrease. Round to the nearest percent.
From 90 points to 45 points 
a)
55%
b)
50%
c)
45%
d)
35%
148.
The regular price of a scooter is $65.50. It is on sale for $52.40. What is the percent decrease from the regular price to the sale price of the scooter? 
a)
35%
b)
25%
c)
30%
d)
20%
149.
The number of people signed up for a bus trip increased from 32 to 45. What is the percent increase? Round to the nearest percent.
a)
52%
b)
41%
c)
42%
d)
45%
150.
Mrs. Ciampa had 27 students in her class last year and this year she had 30 students in her math class. What is the percent of change?
a)
24%
b)
20%
c)
11%
d)
50%
151.
Tickets to Disney World are $100.The price is going to increase on January 1. What is the percent of change if the cost increases to a $120?
a)
25%
b)
18%
c)
20%
d)
50%

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