Try Consumer Math story problems. There pretty easy and fun! (if you like...

[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

[Feisty]

Come on now! Try! We'll be happy to check your work if you post your answers. That's what these sites are for, to help you learn! (WE all know you posted these over on Homework Help already!)