The local sporting goods store is having a 40% off sale on hockey gear that normally costs $100. You will have to pay a 7% sales tax, based on the discounted price, on any purchase you make. Which statements are true about the problem? Check all that apply.
Alissa sells real estate. She makes a 3% commission rate on each sale. Alissa pays 25% of her commission to her home office to pay for expenses. How can Alissa calculate the amount of money she will keep after selling a $250,000 home?
Mark has to pay a state tax of 10% and a federal tax of 25% on the amount he receives from selling his house. What steps would he have to take to find all the taxes he will pay on the house he just sold for $250,000?
Mark needs to calculate the amount of state tax by multiplying 250,000 by 0.10, and the amount of federal tax by multiplying 250,000 by 0.25. He then can add the two tax amounts.
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The original price of a sound system is $1250. For one day only, the store is offering a frequent shopper discount of 35% on all merchandise. Which expressions can be used to find the discounted price of the sound system? Check all that apply.
$
1250
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The menu price of a sandwich at a restaurant is $6. The purchase is subject to a 5% food tax, and you would like to leave a tip of 20% on the pre-tax cost. How much tax do you pay? How much of a tip should you leave? What is the total cost of your meal, after tax and tip?
Question text not available
Question text not available
A supermarket purchases chickens wholesale from a farm for $4 each. The store then marks up the chickens 50%. After 10:00 p.m., the supermarket marks down the price of the chickens by 50% to make sure they all sell before the store closes. Which statements are true about the price of a chicken? Check all that apply.
A distributor buys packs of trading cards from a wholesaler for $0.80 each. The distributor marks up the cards by 100% before selling them to stores. How much does the distributor sell each pack of cards for? The stores then mark up the cards another 80% before selling them to customers. How much does the retailer sell a pack of cards for? A = B =
B =
Stores often mark up items each year to cover inflation. Last year, a CD at Juan’s Tunes cost $12.95. This year, the cost was marked up 8%. The store also gave anyone who bought four CDs this year a 10% discount. Explain the steps to find the final cost for the four CDs this year.
The new price would be 108% of last year’s price. Multiply the new price by 4 and then multiply that amount by 90% to find the sale price.
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