1.

3 Solutions
Example 1 0.65
1. a) 0.78
b) 0.93

7. Max should charge $15.75.

Example 5 The boots will cost
$199.74.
8. You would pay $104.95.

c) 1.25
d) 3.24

9. The total cost would be

$1048.93.

e) 0.0005
f) 0.0038
g) 0.012
h) 1
Example 2 9
2. a) 45
b) 675
c) 98
d) 42
e) 3.9
f) 0.525
g) 112
h) 33.75
Example 3 25%
3. a) 20%
b) 33.3%
c) 161.9%
d) 20%
e) 8.3%
f) 1250%
Example 4 $231.25
4. The markup is $562.50.
5. The markup would be $1.81.
6. It would retail at $187.92

10. The HST is $44.64.

11. The GST would be $2.29 and
the PST
would be $2.75.
12. Markup: $37.50, Retail:
$67.50,
Final Price
$74.25.
13. Markup: $18.13, Retail:
$25.38,
Final Price:
$26.65
Practice Your New Skills
1. a) 3.6
b) 22
c) 304
d) 47.25
2. a) $50.75
b) $304.50
3. 135% markup
4. Markup: $31.60, Retail: $110.60
(one tire), $442.40 (four tires), Taxes:
$53.09, Final Price: $495.49.
5. The new price will be $20.10.
6. Wholesale of one T-shirt: $11.00,
Markup: $8.25, Retail: $19.25, Taxes:
$2.31, Final Price: $21.56.
7. BC: $100.74, AB: $99.63. The one
in Alberta is a better buy by $1.11.