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Mod D-8 & D-10 Percent with Commission, Interest, & Markup

Last updated almost 2 years ago

11 questions

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Question 1

1.

Kaitlyn earns a base salary of $800. She also earns 7% commission on her sales. If her sales were $4500, how much money does she earn?

Question 2

2.

Charles earns a base salary of $350. He earns 9% on his sales. If his sales were $12,000 how much money does he earn?

Question 3

3.

Ms. Neel buys a new car for $17,000. Her interest rate is 6.5%, How much is JUST the interest?

Question 4

4.

Mrs. Tager buys a car for $15,000. Her intertest rate is 8.5% How much does she pay IN TOTAL?

Question 5

5.

You own a furniture store. You buy a sofa for $230. To make a profit, you mark up the sofa by 80%. What is the retail price you sell the sofa for?

Question 6

6.

You are now a restaurant owner at a fine dining restaurant in Asheville. (Congrats to you!) Because it is fine dining, you can get away with having a HIGH mark up. If a meal costs you $12 to make, and you mark it up by 330%, what price would you post on the menu?

Question 7

7.

A T-shirt at wholesale price is $4.50. If the retail price is set at 170%. What is the price of the shirt in the store?

Question 8

8.

The whole sale value of a a bike is $85. If the retail price is $238, what is the percent mark up?

Hint: Mark up means GOES UP

Question 9

9.

It costs $40 to make a pair of Air Pod Pros. Retail they sell for $220. What is the percent mark up?

Hint: mark up means GOES UP

Question 10

10.

The value of a new car depreciates by about 15% in the first year. How much will a car be worth after one year if its initial value was $40,000? Round to the nearest dollar.

Question 11

11.

A store has a 20% off sale on pants. With this discount, the price of one pair of pants before tax is $15.20. What was the original price of the pants?

$3.04

$12.16

$18.24

$19.00