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  • Recovery 6 1448379690

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    This document is a recovery sheet containing 3 math word problems related to consumer topics: 1) Calculating the selling price of a book with a 45% markup from the production cost of $6.20. 2) Determining the change received from a $30 cash payment for a $29.90 game after a 20% discount and 7.5% sales tax. 3) Calculating the total earnings of a GameStop employee making $9.20/hour who worked 8.5 hours and earned a 6.5% commission on $980 of merchandise sales.

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    This document is a recovery sheet containing 3 math word problems related to consumer topics: 1) Calculating the selling price of a book with a 45% markup from the production cost of $6.20. 2) Determining the change received from a $30 cash payment for a $29.90 game after a 20% discount and 7.5% sales tax. 3) Calculating the total earnings of a GameStop employee making $9.20/hour who worked 8.5 hours and earned a 6.5% commission on $980 of merchandise sales.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    185 views1 page

    Recovery 6 1448379690

    Uploaded by

    api-301724554
    This document is a recovery sheet containing 3 math word problems related to consumer topics: 1) Calculating the selling price of a book with a 45% markup from the production cost of $6.20. 2) Determining the change received from a $30 cash payment for a $29.90 game after a 20% discount and 7.5% sales tax. 3) Calculating the total earnings of a GameStop employee making $9.20/hour who worked 8.5 hours and earned a 6.5% commission on $980 of merchandise sales.

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    © All Rights Reserved
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    of 1

    Name: _______________________________

    RECOVERY SHEET (#6)


    #6: Consumer Math: markup, discount, tax, commission

    1. It costs Viking Press, a book publishing company, $6.20 to create and produce a single book. The
    selling price of that book in Barnes & Noble will include a 45% markup. Calculate the selling price of
    the book in Barnes & Noble.

    2. When hes not reading books, Joseph enjoys playing strategy board games. Joseph decides to
    purchase the game Pandemic. The selling price of the game is $29.90. Joseph is planning to use a
    20% off coupon. If the sales tax rate is 7.5% and he pays for the game using $30 in cash, how
    much change will he get back from the cashier? Round to the nearest penny.

    3. Mike is a GameStop employee who gets paid in two ways: an hourly wage and a commission %. Mike
    earns $9.20 per hour and 6.5% commission on the value of all the merchandise he sells to customers.
    On Saturday Mike worked from 10:00 am until 6:30 pm and sold $980.00 worth of merchandise.
    How much money did he earn in total on Saturday?

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