Markups and Markdowns Answers

What is the retail price of a couch at a furniture store that has a wholesale price of $115 and is marked up by 75 percent?

A restaurant bill is $25, and a 20 percent tip should be given to the waiter. Which expression can be used to find the total amount that will be paid?

A jacket costs $35 and has an 8 percent tax rate. Which expression will find the cost of the tax on the jacket?

Moses is solving the problem below.A box of spaghetti at the grocery store is purchased for $1.60 wholesale and is marked up by 60 percent. Then, the store marks down the item by 20 percent. A customer wants to buy three boxes of spaghetti. How much will the customer pay, including paying 8 percent sales tax? Round your answer to the nearest cent. Look at the table below. StepsMoses’s workStep 1Step 2Step 3Step 4In which step did Moses first make a mistake in his work?

A book is marked down by 28 percent from an original price of $19.50. What is the new price?

A section of books is marked down by 15 percent from an original price of $16 each. How much will it cost to buy three books from the sale section?

An item is purchased for a wholesale price of $48 and will be sold at a 55 percent markup. Which expression should be used to find the amount of the markup?

What is the sale price of a shirt that was originally $25 but that has been marked down by 33 percent?

Arun’s restaurant bill is $58, and he wants to leave the waiter an 18 percent tip. What will Arun’s total bill be?