Markup and Discount Worksheet
This worksheet covers calculating markup, discount, selling price, and original price for various items, aligning with Grade 9 Math standards.
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Standards
Topics
Markup and Discount
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Read each question carefully and solve for the missing values. Show your work where applicable.
1. When a store adds a percentage to the cost of an item to determine the selling price, it is called a .
2. A is a reduction in the original price of an item.
3. The original price of an item before any markup or discount is applied is often called the price.
4. To calculate the price, you subtract the discount from the original price.
5. A shirt costs the store $20. If the store marks it up by 40%, what is the selling price?
$24
$28
$30
$32
6. A discount always increases the final price of an item.
True
False
7. A pair of shoes is originally priced at $80. If it is on sale for 25% off, what is the discount amount?
8. An electronics store buys a laptop for $500 and wants to make a 30% profit. What should be the selling price of the laptop?
9. A dress was sold for $60 after a 20% discount. What was the original price of the dress?