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From the product cost, we have the mark up or rather the profit, which is added onto it to get the sale price. Did you know this? Take up the quiz and learn how to create the sale price.
Questions and Answers
1.
Sally went shopping this weekend and found a t-shirt that was on sale for 25% off. If the shirt originally cost $64.99, what is the sale price?
A.
$52.25
B.
$81.24
C.
$16.25
D.
$48.74
Correct Answer D. $48.74
Explanation The sale price can be calculated by subtracting the discount from the original price. In this case, the discount is 25% of $64.99, which is $16.25. Subtracting $16.25 from $64.99 gives us $48.74, which is the sale price.
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2.
Bill found a football on sale this weekend for 30% off. If the football originally cost $26.25, what is the sale price?
Correct Answer 18.37 $18.37 $18.38 18.38
Explanation The sale price of the football can be calculated by subtracting the discount from the original price. The discount is 30% of $26.25, which is $7.88. Subtracting $7.88 from $26.25 gives us $18.37. Therefore, the sale price of the football is $18.37.
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3.
Bill found a football on sale this weekend for 30% off. If the football originally cost $26.25, how much money will he save?
Correct Answer $7.87 $7.88
Explanation If the football originally cost $26.25 and it is on sale for 30% off, Bill will save 30% of $26.25. To calculate this, we multiply 30% (or 0.30) by $26.25. The result is $7.875, which can be rounded to $7.88. Therefore, Bill will save $7.88.
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4.
Macyâ€™s is having a sale this weekend; all merchandise is 15% off. How much would a skirt that cost $49.00 be on sale?
Correct Answer $41.65
Explanation During the sale at Macy's, all merchandise is discounted by 15%. To find the sale price of the skirt that originally costs $49.00, we need to calculate 15% of $49.00. To do this, we multiply $49.00 by 0.15, which gives us $7.35. Subtracting $7.35 from $49.00, we get $41.65. Therefore, the sale price of the skirt would be $41.65.
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5.
Macyâ€™s is having a sale this weekend; all merchandise is 15% off. How much would you save on a skirt that cost originally cost $49.00.
Correct Answer $7.35
Explanation You would save $7.35 on a skirt that originally cost $49.00 because 15% of $49.00 is equal to $7.35.
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6.
An Ohio State jersey that originally cost $75.00 is on sale for $30.00. What was the percent markdown?
Correct Answer 60% 60
Explanation The percent markdown can be calculated by finding the difference between the original price and the sale price, which is $75.00 - $30.00 = $45.00. Then, divide that difference by the original price and multiply by 100 to get the percentage. So, ($45.00 / $75.00) * 100 = 60%. Therefore, the percent markdown is 60%.
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7.
Target is having a sale on jackets. A jacket that originally cost $85.99 is on sale for 75% off. What is the sale price?
Correct Answer $21.50 $21.49
Explanation The jacket is on sale for 75% off, which means the customer will only pay 25% of the original price. To find the sale price, we multiply the original price ($85.99) by 25% (0.25). This gives us $21.4975, which can be rounded to $21.50. Therefore, the sale price of the jacket is $21.50.
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8.
Target is having a sale on jackets. A jacket that originally cost $85.99 is on sale for 75% off. How much will you save?
Correct Answer $64.49
Explanation When a jacket originally costing $85.99 is on sale for 75% off, it means that you will only have to pay 25% of the original price. To calculate the amount saved, you can multiply the original price by the discount percentage (85.99 * 0.75 = $64.49). Therefore, you will save $64.49 on this sale.
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9.
Leonard bought a new pair of tennis shoes. The shoes are on sale for 10% off. If the shoes originally cost $105.50, what is the sale price?
Correct Answer $94.95
Explanation Leonard bought a pair of tennis shoes that were originally priced at $105.50. The shoes were on sale for 10% off. To find the sale price, we need to calculate 10% of $105.50, which is $10.55. Subtracting $10.55 from the original price gives us $94.95, which is the sale price of the tennis shoes.
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10.
Leonard bought a new pair of tennis shoes. The shoes are on sale for 10% off. If the shoes originally cost $105.50, how much will he save?
Correct Answer $10.55
Explanation Leonard will save $10.55 when he buys the new pair of tennis shoes. This is because the shoes are on sale for 10% off, which means he will pay 90% of the original price. 90% of $105.50 is $94.95, so he will save $105.50 - $94.95 = $10.55.