1. Sales Practice

2. When figuring sales totals… Get subtotal (ADD) Take discount (MULTIPLY then SUBTRACT) Figure tax (MULTIPLY) 7% unless stated Apply tax (ADD) ADD SHIPPING IF APPLICABLE

3. Kelsey bought a CD for $15.99, a pair of shoes for $24.75 and a watch for $13.50. With a tax rate of 7% what was her total cost?

4. Joe bought colored pencils for $2.99, a drawing pad for $7.95 and a novel for $18.00. Using a tax rate of 6% what was the tax on Joe's purchase?

5. Sally’s Dinettes has an invoice dated March 10 that totals $65,429 for an order of tables and chairs it purchased from Gorge’s Manufacturing. George’s terms are 3/15, net 60. How much will Sally’s Dinettes pay for that order if the check is mailed on March 16? (Assume they use the postmark date as the paid date,)

6. Baseballs are on special for the week. During the promotion, customers can buy three baseballs for $26.99. What is the retail price for a customer who wants to buy two baseballs? (Include 7% sales tax.)

7. The Shop Vac Wet/Dry Vacuum is purchased by a wholesaler with trade discounts of 45 percent who also has a 10 percent coupon for the final purchase. The list price is $70. How much does the wholesaler pay? (Include tax, 7%)

8. You go to Chesterfield’s and order the following: Shrimp and Crawfish Nachos (11.99) Stuffed Filet (35.99) Seafood Trio (19.99) 2 Cokes @ (2.29 each) White Chocolate Bread Pudding (5.99) What is your grand total with 9% sales tax and a 20% tip?

9. The Gold Mine purchased 18-carat gold chains for $225.00 each. The Gold Mine sells the gold chains for $399.99 each. What is the markup on each gold chain?

10. Chandler’s Clothes buys a skirt for $23.90 and sells the skirt for $45.90. What is the markup rate (%) base on selling price?

11. A digital camera costs a store $75.00. The selling price of the camera is $149.99. What is the markup rate based on selling price?

12. Sue’s Shoes purchased some boots for $24. The stores markup based on selling price is 45%. What is the selling price of the boots?