1. A gallon of paint that regularly sells for $20.00 was reduced to $15.00 durin
ID: 2487097 • Letter: 1
Question
1. A gallon of paint that regularly sells for $20.00 was reduced to $15.00 during a sale.
By what percent was the price reduced?
a. 75%
b. 40%
c. 33 1/3%
d. 25%
e. None of the above.
2.A baby crib was marked down by 30%, marking the sale price of $84. The regular selling price was
a. $25.20
b. $120.00
c.$ 109.00
d. $142.80
e. none of the above.
3. A store buys an item for $30.00. It also has $8.00 expenses associated with this item and wishes to make a profit of $3.00
The store breakeven point is
a. $11.00
b.$33.00
c. $38.00
d. $41.00
e. None of the above
4. A retailer reduced the price of a dozen golf balls from $45.00 to $36.00. What is the percent of markdown?
a.20%
b. 15%
c. 10%
d.33%
e. None of the above.
5. A music store buys banjos for $150 and sells them for $200. If their overhead expense on the banjos is 10%of cost, then their total
handling cost is
a.$15
b. $165
c.$20
d.$35
e. none of the above.
Explanation / Answer
1
discount = 20-15 = 5
5/20*100 = 25
answer is d 25%
2 100/70*84 = 120
answer is b 120
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.