Applications of Percent

Question 1

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.

Revolt · Accepted Answer

You should find the discounted price of the gear first.; The discount should be calculated on the original $100 price.

Question 2

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?

Revolt · Accepted Answer

Multiply $250,000 by 0.03, and then multiply again by 0.75.

Question 3

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 =

Revolt · Accepted Answer

$1.60; Selection 1: $1.60; Selection 2: $2.88

Question 4

B =

Revolt · Accepted Answer

$2.88

Question 5

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.

Revolt · Accepted Answer

The marked up price of a chicken is $6 before 10:00 p.m.; The 50% markdown is taken off the marked-up price.

Question 6

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?

Revolt · Accepted Answer

$0.30; Selection 1: $0.30; Selection 2: $1.20; Selection 3: $7.50

Question 7

How much of a tip should you leave?

Revolt · Accepted Answer

$1.20

Question 8

What is the total cost of your meal, after tax and tip?

Revolt · Accepted Answer

$7.50

Question 9

Pennsylvania has a sales tax of 6%. The city of Philadelphia adds an extra local sales tax of 2%. Both taxes apply to the original price of an item. If the shelf price of a bottle of sports drink is $2 in Philadelphia, PA, which expressions can be used to show the total taxes you would expect to pay?

Revolt · Accepted Answer

$2(0.06 + 0.02); ($2)(0.06) + ($2)(0.02)

Question 10

$

Revolt · Accepted Answer

1,250

Applications of Percent Answers

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