Markups (Sales Tax, Gratuity/Tip, Commission)

Markups (Sales Tax, Gratuity/Tip, Commission)

Assessment

Flashcard

Other

7th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

11 questions

Show all answers

1.

FLASHCARD QUESTION

Front

If the sales tax rate is 8%, how much sales tax would you pay on a $50 purchase?

Back

$4

2.

FLASHCARD QUESTION

Front

If the bill amount is $80 and the gratuity rate is 15%, how much gratuity would you pay?

Back

$12

3.

FLASHCARD QUESTION

Front

If the bill amount is $60 and the tip rate is 20%, how much tip would you pay?

Back

$12

4.

FLASHCARD QUESTION

Front

If the commission rate is 5% and the sales amount is $500, how much commission would you earn?

Back

$25

5.

FLASHCARD QUESTION

Front

Find the selling price. Cost to the store: $80. Markup: 60%.

Back

$128

6.

FLASHCARD QUESTION

Front

An item that costs a company $44 is marked up to $70.40. What is the markup rate?

Back

60%

7.

FLASHCARD QUESTION

Front

mark up

Back

an increase

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?