Name: ________________________ Class: ___________________ Date: __________ ID: A
Commission, Interest, Profit, Tax, Discount
1 Find each commission amount. Round to the nearest cent where necessary.
Total Sales Commission Rate Commission Amount
$8,800 11%
$10,900 3%
$2,800 7%
2 Find each interest amount. Round to the nearest cent where necessary.
Amount of Loan Interest Rate Interest Amount
(Principal)
$3,900 7%
$20,400 16%
$10,000 13%
3 Find each markup (profit) amount and selling price. To find the selling price add the cost to the markup (profit)
amount. Round to the nearest cent where necessary.
Cost Markup (Profit) Markup (Profit) Selling Price
Rate Amount
$96.16 10%
$11.64 5%
$63.86 20%
4 Find each tax (markup) amount and total price. To find the total price add the cost to the tax (markup) amount.
Round to the nearest cent where necessary.
Cost Tax Rate Tax Amount Total Price
$30.58 8%
$35.27 6%
$13.85 7%
5 Find each discount (markdown) amount and sale price. To find the sale price subtract the discount (markdown)
from the regular price. Round to the nearest cent where necessary.
Regular Price Discount Discount (Markdown) Sale price
(Markdown) Rate Amount
$44.97 60%
$38.07 5%
$16.57 45%
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ID: A
Commission, Interest, Profit, Tax, Discount
Answer Section
1
Commission
Amount
$968
$327
$196
2
Interest Amount
$273
$3,264
$1,300
3
Markup (Profit) Selling Price
Amount
$9.62 $105.78
$0.58 $12.22
$12.77 $76.63
4
Tax Amount Total Price
$2.45 $33.03
$2.12 $37.39
$0.97 $14.82
5
Discount Amount Sale price
$26.98 $17.99
$1.90 $36.17
$7.46 $9.11
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