Markups (Sales Tax, Gratuity/Tip, Commission)
Flashcard
•
Other
•
7th Grade
•
Hard
Wayground Content
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11 questions
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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
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