[Secrets H]

...math of course)? 1: The eighth grade class buys school pennants for $1.25 each. The overhead on each pennant is 5 cents. They are sold for $1.60 each. What is the percent of profit on the selling price?
20%
25%
18.75%
17%


2: A plumber estimates that the profit on his business is about 15% of his total receipts. What profit can he expect in a year when his total receipts are $60,000?
$7500
$8250
$9000
$11,500


3: A camera store operates on an overhead of 50% of the sales. This store bought 100 cameras at $30 each and sold them at $50 each. The store also bought 50 cameras at $50 each and sold them for $100 each. How much did it make or lose on both kinds of camera?
Make $500
Lose $500
Make $250
Lose $250


4: The total expenses of operating a bakery for one month were $23,400. If this is 90% of the sales, find the profit.
$1600
$3200
$2600
$2200


5: The cost of a bicycle is $38. The dealer wishes to sell it to make a profit of 15% on the selling price. His overhead is 40% of the selling price. What is the selling price?
$84.44
$75.65
$70.34
$80.25


6: A store sold 100 electric flatirons for $12 each. The irons cost $5 each with an overhead of $3 each. What was the total loss or profit?
$200 loss
$200 profit
$400 loss
$400 profit


7: If a dealer pays $210 for a radio that lists at $280, what rate of discount does he receive?
10%
15%
20%
25%


8: If a merchant pays his bills within 10 days of receivï¿?ing the bill, he can deduct 3% of the amount of the bill. If his bills total $50,000 for the year, how much can he save by paying all bills within 10 days?
$1500
$1780
$1850
$1920


9: A television set is listed for $400 with discounts of 40% and 10%. To what single discount is this combination of discounts equivalent?
37%
39%
46%
43 2/3%


10: Find the net price on a listing of $50 with discounts of 40%, 20%, and 10%.
$26.50
$28.88
$21.60
$17.65