Complete the following questions on percent markup:

 

1. A computer software retailer used a markup rate of 40%. Find the selling price of a computer game that cost the retailer $25.
2. 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?
3. A shoe store uses a 40% markup on cost. Find the cost of a pair of shoes that sells for $63.
4. An item originally priced at $55 is marked 25% off. What is the sale price?
5. An item that regularly sells for $425 is marked down to $318.75. What is the discount rate?
6. An item is marked down 15%; the sale price is $127.46. What was the original price?
7. 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?
8. Your friend diets and goes from 125 pounds to 110 pounds. What was her percentage weight loss?
9. 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?