Markups and Markdowns Answers

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A backpack costs $18 and has a 7 percent tax. How much will Sheila have to pay for the backpack after tax?

$1.26

$5.40

$19.26

$30.60

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Henri bought a swim suit at a cost of $8. Which statements are true regarding the cost of the suit? Select three options.

If the selling price is marked up by 25 percent, the new price will be $10.

If the selling price is marked up by 40 percent, the new price will be $7.50.

If the selling price is marked up by 55 percent, the new price will be $5.50.

If the selling price is marked up by 70 percent, the new price will be $13.60.

If the selling price is marked up by 75 percent, the new price will be $14.

A store sells flower arrangements at a cost of $28 each. Which statements are true regarding the price of the arrangements? Select three options.

If the price is marked down by 10 percent, the new price will be $25.20.

If the price is marked down by 25 percent, the new price will be $21.00.

If the price is marked down by 35 percent, the new price will be $18.20.

If the price is marked down by 40 percent, the new price will be $29.80.

If the price is marked down by 50 percent, the new price will be $19.00.

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

$8.25

$8.50

$16.50

$16.75

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?

$12.60

$13.60

$37.80

$40.80

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?

$86.25

$190.00

$201.25

$316.25

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