Asked by Meghan

1. What is the sale price of a music CD that is sold in a retail store for 25% off of the original price of $16?
A. $4
B. $12
C. $16
D. $13

My answer is A.

2. What is the percentage markup on the cost of a drill bit set if the cost is $75 and the set is sold for a retail price of $105?
A. 40%
B. 1.40%
C. 0.444%
D. 33.33%

My answer is B.

3. If a scooter retails for $1,250 and is on sale for a 30% discount, how much will a customer pay for the scooter?
A. $875
B. $775
C. $675
D. $925

I got $375 unless I did this wrong?

4. If a customer receives a telephone bill in the amount of $355 and the telephone company offers a 3% cash discount if the bill is paid before January 1st, what is the amount of the bill?
A. $344.35
B. $248.50
C. $354.35
D. $106.50

My answer is D.

5. An office supply store offers its customers a quantity discount on notepads of the following quantities: 1-24 notepads at $.95 each, 25-48 notepads at $.90 each, and 49-75 notepads at $.85 each. What is the price of 50 notepads?
A. $43.50
B. $42.50
C. $142.50
D. $51

I am not sure how to figure this one out, help please?
Answered by Ms. Sue
1.
0.25 * 16 = $4
16 - 4 = $12 selling price

2.
100(30/75) = ?

3 and 4 are also wrong

5.
0.85 * 50 = ?



Answered by Meghan
Ok thank you. How do I do 3 & 4?
Answered by Ms. Sue
You try to figure out 3 and 4. After you post your answers, I'll be glad to check them.

Answered by Meghan
3. I did 1,250 x .30 and got 375. Then I did 1,250 - 375 and got 875. So A is the answer.

4. I did 355 x .3 and got 106.50 and then I did 355 - 106.50 and got 248.50 so B is the answer.

Correct?
Answered by Ms. Sue
3. A is right.

4. B is wrong. Do the arithmetic again.
Answered by Meghan
355 - .3% = 354. So C.
Answered by Ms. Sue
Yes. 354.35
Answered by Meghan
Thank you!
Answered by Ms. Sue
You're welcome.
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