1. Discounts, Markup,
Commission
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2. Cronnelly

3. GUIDED PRACTICE #1
A $250 suede jacket is on sale for 20% off. What would the sale price be for the jacket?
YOU TRY #1
A bracelet regularly sells for $44. It is on sale for 25% off. What would the sale price be for the bracelet?
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4. What is the discount amount? What is the sales price? YOU TRY #2
GUIDED PRACTICE #2
A store is having a sale where everything is discounted 30%. An item is bought that cost $365.
What is the discount amount?
What is the sales price?
YOU TRY #2
Jean Junction is selling jeans at 15% off the regular price. The regular price is $25.00 a pair.
What is the discount amount?
What is the sales price?
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5. What is the discount amount? What is the sales price? YOU TRY #3
GUIDED PRACTICE #3
A store is having a sale where everything is discounted 30%. An item is bought that cost $365.
What is the discount amount?
What is the sales price?
YOU TRY #3
Jean Junction is selling jeans at 15% off the regular price. The regular price is $25.00 a pair.
What is the discount amount?
What is the sales price?
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6. Cronnelly

7. GUIDED PRACTICE #4 YOU TRY #4
A store marks up merchandise 40% for profit. If an item costs $12, what is the selling price?
YOU TRY #4
The markup on a restaurant meal is 250%. A meal costs $7.30 to produce. What amount will the customer be charged?
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8. GUIDED PRACTICE #5 YOU TRY #5
A store bought hardwood flooring at a cost of $0.32 a square foot. The district manager wants a profit of 275%. What will be the cost that consumers will pay to purchase the flooring?
YOU TRY #5
A computer software retailer used a markup rate of 40%. Find the selling price of a computer game that cost the retailer $25.
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9. GUIDED PRACTICE #6
A golf shop pays its wholesaler $40 for a certain club. The golf shop marks the club up 187.5%. What is the selling price the golf shop will pass along to its consumers?
YOU TRY #6
Evan sells skateboards in his store. He marks up the prices by 32.5% of what he pays for them. If he purchased a gold series skateboard for $128.92, how much will he charge for the skateboard in his store?
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11. GUIDED PRACTICE #7
A real estate agent makes a 4% commission on property she sells. To the nearest dollar, how much commission does she make on the sale of a house for $132,500?
YOU TRY #7
A salesman earns a monthly base pay of $725 plus a 6.5% commission on products that he sells. What will be his total pay for the month if he sells $22,648 worth of products?
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12. GUIDED PRACTICE #8 YOU TRY #8
Tom makes a commission of 6% on all the cars he sells. If he sells a car for $12,500, how much money does me make in commission?
YOU TRY #8
Phil makes a commission of 12% on each bike he sells. If he sells a bike for $289, how much commission does he make?
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13. GUIDED PRACTICE #9
Mary makes a base pay of $100 a week and a commission of 11% on musical instruments she sells. If she sold one electric guitar for $590 last week, what was Mary’s total salary for last week?
YOU TRY #9
A sports agent earns an 8.5% commission on an athlete’s signing bonus. If the signing bonus was $750,000, what was the agent’s commission earned?
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15. What will the total purchase price be? YOU TRY #10
GUIDED PRACTICE #10
Wayne needs to buy a new pair of work boots. The boots cost $34.00 and the sales tax is 6%. What is the amount in sales tax Wayne will need to pay?
What will the total purchase price be?
YOU TRY #10
Allie has been waiting for the new Justin Timberlake cd. It costs $12.98 at Wal-mart. The tax rate in Mississippi is 7%. What is the amount in sales tax Allie will have to pay?
What will the total purchase price be?
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16. What will the total purchase price be? YOU TRY #11
GUIDED PRACTICE #11
Damon found a reciprocating saw at Lowe’s. The cost of the saw is $ The sales tax is 5.75%. What is the amount in sales tax Damon will need to pay?
What will the total purchase price be?
YOU TRY #11
Jake found some subwoofers he wanted to have installed in his car. The cost of the subwoofers is $ The rate of sales tax for Tennessee is 9.25%. What is the amount in sales tax Jake will need to pay?
What will the total purchase price be?
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17. What is the amount of the discount? Sales price?
GUIDED PRACTICE #12
Mrs. Osborn saw the cutest Minion watch that she just had to have. The watch costs $ She was surprised to learn it had been marked down 10%. The sales tax will cost her 7%.
What is the amount of the discount? Sales price?
What is the tax amount?
What is the final cost of the watch?
YOU TRY #12
Valerie went shopping at the Southaven Mall. She bought a pair of jeans for $39.00 and a pair of shoes for $ She had a coupon that said “20% off” all items. If the sales tax was 7.5%, what was the total for all of the items including tax?
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19. GUIDED PRACTICE #13
Your parents took your family out to dinner. Your parents wanted to give the waiter a 15% tip. If the total amount of the dinner was $42.00, what should be paid to the waiter as a tip?
YOU TRY #13
Mrs. Smith paid $125 to have her hair colored and cut. If she tips her hairdresser 15% of her bill, how much was the tip?
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20. What is the amount of the tip? What is the total cost of the meal?
GUIDED PRACTICE #14
At a restaurant you order a meal and a beverage that costs $14. You leave a 20% tip. What is the amount of the tip you left?
YOU TRY #14
At a restaurant you order a lunch that costs $6.50 and a beverage that costs $ The sales tax is 7% and you leave a 15% tip. What is the amount of the sales tax?
What is the amount of the tip?
What is the total cost of the meal?
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21. GUIDED PRACTICE #15
Mrs. Austin wanted to go to a Day Spa. She got a massage. The massage costs $ She gave the masseur a 20% gratuity. How much did Mrs. Austin tip the masseuse?
YOU TRY #15
Lance was delivering pizzas. On the last order of the night, Lance received a 17.5% tip based on his order. If the order totaled $75.00, how much did he earn as a tip?
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