Percent Markup
- A computer software retailer used a markup rate of 40%. Find the selling price of a computer game that cost the retailer $25.
- A golf shop pays its wholesaler $40 for a certain club, and then sells it to a golfer for $75. What is the markup rate?
- A shoe store uses a 40% markup on cost. Find the cost of a pair of shoes that sells for $63.
- An item originally priced at $55 is marked 25% off. What is the sale price?
- An item that regularly sells for $425 is marked down to $318.75. What is the discount rate?
- An item is marked down 15%; the sale price is $127.46. What was the original price?
- Growing up, you lived in a tiny country village. When you left for college, the population was 840. You recently heard that the population has grown by 5%. What is the present population?
- Your friend diets and goes from 125 pounds to 110 pounds. What was her percentage weight loss?
- Your boss says that his wife has put an 18 × 51 foot garden in along the whole back end of their back yard. He says that this has reduced the back-yard lawn area by 24%. What are the total dimensions of his back yard? What are the dimensions of the remaining lawn area? Copyright © Elizabeth Stapel
Percent Markup Anwser Key
- A computer software retailer used a markup rate of 40%. Find the selling price of a computer game that cost the retailer $25.
- 25(1.4)=$35
- A golf shop pays its wholesaler $40 for a certain club, and then sells it to a golfer for $75. What is the markup rate?
- 40x=75 x=1.875 à 187.5%
- A shoe store uses a 40% markup on cost. Find the cost of a pair of shoes that sells for $63.
- x1.4=63 x=$45
- An item originally priced at $55 is marked 25% off. What is the sale price?
- 55(.75)=$41.25
- An item that regularly sells for $425 is marked down to $318.75. What is the discount rate?
(318.75-425)/425=-.25
25%
- An item is marked down 15%; the sale price is $127.46. What was the original price?
- x(.85)=127.96 à x=$149.95
- Growing up, you lived in a tiny country village. When you left for college, the population was 840. You recently heard that the population has grown by 5%. What is the present population?
- 840(1.05)=$882
- Your friend diets and goes from 125 pounds to 110 pounds. What was her percentage weight loss?
- 125(x) 110 à x=.88 à 1-.88 à 12%
- Your boss says that his wife has put an 18 × 51 foot garden in along the whole back end of their back yard. He says that this has reduced the back-yard lawn area by 24%. What are the total dimensions of his back yard? What are the dimensions of the remaining lawn area?
o Total area = 3825 ft
o Dimensions= 51×75