Percentages
Your favorite store is having a sale. You run across a shirt that originally sold for $47, but
is on a -40% Off" rack. A pair of jeans that originally
sold for $60 is advertised for "30%
Off". Your eye is attracted to a pair of designer shoes on sale for $35. You decide to
purchase the shirt, jeans, and shoes.
1) What is the sale price of the shirt?
What is the sale price of
the jeans?
2) What is the subtotal of the shirt, jeans, and the shoes?
3) You discover a coupon for 25% off the purchase price and give it to the cashier. With
the 25% off coupon what is the pre-tax cost of your purchase?
4) If the sales tax on your purchase is 5%, what is the total amount you are charged?
5) Your credit card has a monthly interest rate of 2% and a minimum payment of $10. You
make the minimum payment every month. Fill in the chart below until you pay off your
purchase.
Payment
Balance
$10.00
New Balance
Interest
Remaining
Balance
Month
1
2
3
4
5
6
7
8
9
10