SBI-Percent of Change-Discount Flashcards
Markup price/Retail price: The price of an item after the markup.
Wholesale price: The price paid by retailers for merchandise.
Discount price: Reduced price.
For his 14th birthday, Benno received $250 cash from his grandparents. He had picked out a Mattingly Ripped baseball bat for $200, but he knew that he would also have to pay sales tax. The sales tax is 6.5%, so what will be the total cost of the baseball bat with sales tax included? Will the money he received from his grandparents be enough for Benno to cover the total cost?
a. Calculate the sales tax by finding 6.5% of $200.00.
b. What will be the total cost of the Mattingly Ripped baseball bat including the sales tax?
c. Will $250 be enough for Benno to cover the total cost?
While visiting her cousin in New York City, Tania learned that it was acceptable to tip their taxi driver 10%. If the total fare was $15, what is the total amount of money that Tania should give to the driver?
EB Games purchases Xbox games for $40 each (the wholesale price). They then sell the games for 25% over the price they paid for them (i.e., the markup or retail price). What is the markup or retail price of each Xbox game at EB Games?
A video game is discounted by 60%. The original price of the video game is $30. What is the sale price of the video game?
Tickets to a basketball game used to cost $25 each. After being marked up 15%, how much will each seat cost for next season?
The movie theater was offering a 10% discount off of their regular $14 tickets to the first 100 people in line to see the new Batman vs. Superman: Dawn of Justice film. What is the new price for you if you are one of the first 100 people?
On her last trip to the Applebee’s, Teona used her student discount and was charged $10.95 for Sunday brunch. When her parents go to Applebee’s for Sunday brunch, they are each charged the regular price of $18.25. What percent off the regular price does Teona’s student discount give her?
Jayme is looking at bicycles at Target. Since it is wintertime, bikes are on sale. Jayme finds two bikes she likes. Bike A regularly costs $120 but is now 20% off. Bike B regularly costs $150 but is now 40% off. Which bike will cost less after the discounts? Explain
All office furniture is on sale for 20% off at Staples. What is the sale price of a bookshelf if the original price of the bookshelf is $150?
A few months ago, I had my eye on this really cool video game player that I wanted to buy. It originally cost $100, but I saw an ad in a newspaper that said it was reduced by 50%! So I rushed over to the store and was going to buy it. But when I got there, they told me that this ad was very old - the game player was reduced by 50% a few weeks ago. But after this reduction, the price had recently been increased by 50%. So first, it was discounted by 50%, then its price was increased by 50%. What do you think the price is now?
If a fish tank that costs $80 is decreased in price by 20%, then increased by 20%, will the final cost of the fish tank equal the original price of $80? Explain.
Levi’s 560 jeans are on sale for 25% off the original price at Kohl’s. The original price is $40. If you use a sale flyer coupon, after calculating the sale price, the cashier will deduct an additional 10% from your purchase. Is the final price of the jeans 35% (25% plus 10%) off the regular price? Explain.
A pair of Beats headphones has a regular price of $300. Find the total cost if it is on sale for 40% off and the sales tax is 5%.
Dinner at Olive Garden costs $45 for your family. Find your total cost if the sales tax is 5% and you leave a 20% tip on the total bill.
