Markup and Discount
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16 QuestionsShow answers
  • Question 1
    300 seconds
    Q.

    A store pays $1.50 for a bag of candy. If the store wants to mark-up the price 60%, how much is the markup amount for the bag of candy?

    answer choices

    $2.10

    $2.40

    $.60

    $.90

  • Question 2
    300 seconds
    Q.

    The original price for a pair of shoes is $55.00. They are on sale and the discount amount is $8.25. What is the percent discount for the shoes?

    answer choices

    6.7%

    15%

    85%

    20%

  • Question 3
    300 seconds
    Q.

    Andy is planning a backpacking trip. He needs a new tent. He found one on sale for 40% off the regular price. The tent Andy wants to buy has a regular price of $229.00. What is the sale price of the tent?

    answer choices

    $572.50

    $91.60

    $137.40

    $320.60

  • Question 4
    300 seconds
    Q.

    A bookstore pays $8 for a novel. They add a $3 markup to the price. What is the percent of markup?

    answer choices

    40%

    26.7%

    37.5%

    0.375%

  • Question 5
    300 seconds
    Q.

    Evelynn is buying a new jacket. She gets a discount amount of $35. What is the original price of the jacket if it is 25% off?

    answer choices

    $8.75

    $105

    $140

    $175

  • Question 6
    300 seconds
    Q.

    Robert has dinner at a restaurant and leaves a tip of $12.00. Robert's tip is 20% of the bill. What is the bill amount?

    answer choices

    $60.00

    $2.40

    $72.00

    $14.40

  • Question 7
    300 seconds
    Q.

    A grocery store has a 20% markup on a bottle of soda. The markup amount is $0.25. Find the original cost of a bottle of soda for the store. Round to nearest cent if necessary.

    answer choices

    $0.05

    $1.25

    $1.50

    $0.30

  • Question 8
    300 seconds
    Q.

    In the school store, all items are marked up 25%. If the store paid $23 for a sweatshirt, how much do they sell it for?

    answer choices

    $28.75

    $5.75

    $17.25

    $92.00

  • Question 9
    300 seconds
    Q.

    A gallery sells its artwork with a markup of 85%. If the gallery spent $345 for a painting, what did the gallery charge for the painting?

    answer choices

    $293.25

    $405.88

    $638.25

    $51.75

  • Question 10
    300 seconds
    Q.

    Jake owns a jewelry store. He buys bracelets from his supplier for $44 each. To make a profit, he marks them up 65%. Find the selling price of one bracelet.

    answer choices

    $28.60

    $15.40

    $72.60

    $69.23

  • Question 11
    300 seconds
    Q.

    Charlie Fox's Pizza has a coupon for 30% off an extra large pizza. If the pizza you want regularly costs $28, how much would the sale price be?

    answer choices

    $8.40

    $19.60

    $36.40

    $93.33

  • Question 12
    300 seconds
    Q.

    Victoria is going to buy a new video game. The game is on sale for 20% off of $59.99. How much is the discount?

    answer choices

    $48.00

    $47.99

    $11.99

    $12.00

  • Question 13
    300 seconds
    Q.

    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.

    answer choices

    $71.24

    $71.25

    $23.74

    $23.75

  • Question 14
    300 seconds
    Q.

    Mike goes out to dinner with his friends. He wants to leave a 25% tip on a bill that was $67. How much tip will he leave?

    answer choices

    $50.25

    $268

    $83.75

    $16.75

  • Question 15
    300 seconds
    Q.

    Alex goes shopping at REI for backpacking gear. She buys a new tent and a sleeping pad. The total is $538. If the tax rate is 8.5%, how much tax will Alex pay?

    answer choices

    $45.73

    $583.73

    $492.27

    $457.30

  • Question 16
    300 seconds
    Q.

    Katy is shopping for some new clothes. She buys 3 shirts and 2 pairs of pants for $156. If the tax rate is 7%, how much will Katy pay for her new clothes?

    answer choices

    $109.20

    $145.08

    $10.92

    $166.92

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