Markup and Discount Problems Lesson Plans & Worksheets - Free Printable

To find the selling price, we need to calculate the amount of markup (or discount) and then add (or subtract) it from the original cost (or price).

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Problem 1: Cost of a sled: $99.50, Markup: 95%

Step 1: Find 95% of $99.50
→ 0.95 × 99.50 = 94.525

Step 2: Add that to the original cost
→ 99.50 + 94.525 = 194.025
Rounded to nearest cent → $194.03

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Problem 2: Cost of a comic book: $3.95, Markup: 20%

Step 1: 20% of 3.95 = 0.20 × 3.95 = 0.79
Step 2: 3.95 + 0.79 = $4.74

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Problem 3: Cost of an oil change: $18.00, Markup: 70%

Step 1: 70% of 18.00 = 0.70 × 18.00 = 12.60
Step 2: 18.00 + 12.60 = $30.60

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Problem 4: Cost of a CD: $34.50, Markup: 30%

Step 1: 30% of 34.50 = 0.30 × 34.50 = 10.35
Step 2: 34.50 + 10.35 = $44.85

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Problem 5: Cost of an MP3 player: $129.50, Markup: 60%

Step 1: 60% of 129.50 = 0.60 × 129.50 = 77.70
Step 2: 129.50 + 77.70 = $207.20

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Problem 6: Cost of an oil change: $21.95, Markup: 65%

Step 1: 65% of 21.95 = 0.65 × 21.95 = 14.2675 ≈ 14.27
Step 2: 21.95 + 14.27 = $36.22

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Problem 7: Cost of a pen: $0.95, Markup: 60%

Step 1: 60% of 0.95 = 0.60 × 0.95 = 0.57
Step 2: 0.95 + 0.57 = $1.52

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Problem 8: Cost of a computer: $1,850.00, Markup: 75%

Step 1: 75% of 1850.00 = 0.75 × 1850.00 = 1387.50
Step 2: 1850.00 + 1387.50 = $3,237.50

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Problem 9: Original price of concert tickets: $100.00, Discount: 21%

Step 1: 21% of 100.00 = 0.21 × 100.00 = 21.00
Step 2: Subtract discount → 100.00 - 21.00 = $79.00

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Problem 10: Original price of a book: $18.50, Discount: 45%

Step 1: 45% of 18.50 = 0.45 × 18.50 = 8.325 ≈ 8.33
Step 2: 18.50 - 8.33 = $10.17

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Problem 11: Original price of a telescope: $99.99, Discount: 13%

Step 1: 13% of 99.99 = 0.13 × 99.99 = 12.9987 ≈ 13.00
Step 2: 99.99 - 13.00 = $86.99

*(Note: If you use exact calculation: 99.99 × 0.87 = 86.9913 → still rounds to $86.99)*

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Problem 12: Original price of a CD: $22.99, Discount: 5%

Step 1: 5% of 22.99 = 0.05 × 22.99 = 1.1495 ≈ 1.15
Step 2: 22.99 - 1.15 = $21.84

*(Exact: 22.99 × 0.95 = 21.8405 → rounds to $21.84)*

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Final Answer:
1) $194.03
2) $4.74
3) $30.60
4) $44.85
5) $207.20
6) $36.22
7) $1.52
8) $3,237.50
9) $79.00
10) $10.17
11) $86.99
12) $21.84