Navigating Tip, Tax, Discount, and Markup Concepts

What is the original price of the DVDs that Target buys from their suppliers?

• $8

• $10

• $5

• $3

If a store sells DVDs with a 60% markup, what is the selling price if the original price is $5?

• $7

• $8

• $6

• $5

What is the first step in solving a word problem involving markup?

• Multiply by the decimal

• Subtract the discount

• Calculate the tax

• Find the original amount

Reina buys a purse originally priced at $40 and a pair of socks at $6.50. What is the total original cost?

• $50.00

• $48.50

• $46.50

• $52.00

If the store is offering a 60% discount, what is the discount amount on a total purchase of $48.50?

• $24.25

• $29.10

• $19.40

• $32.50

Jonathan buys a skateboard for $70 with a 20% discount. What is the discount amount?

• $10

• $16

• $12

• $14

After applying a 20% discount, what is the new price of the skateboard originally priced at $70?

• $50

• $54

• $56

• $58

What is the sales tax percentage that Jonathan has to pay on the discounted skateboard?

• 5.5%

• 6.0%

• 7.0%

• 6.5%

How much tax does Jonathan have to pay on the skateboard priced at $56 after discount?

• $6.50

• $5.00

• $3.64

• $4.20

What is the final cost of the skateboard after applying the discount and adding the tax?

• $60.00

• $59.64

• $58.64

• $56.00