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Find the amount of mark-up and the list price.

Jim’s music store bought a guitar at original cost $1,200. Jim marked the price up 50%.

$600 $1,800

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Find the amount of mark-up and the list price.

The Auto Resale Store bought Pablo’s Toyota for $8,500. They marked the price up 35%.

$2,975 $11,475

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Key concepts

  • Percent Increase To find the percent increase:
    1. Find the amount of increase. increase = new amount original amount
    2. Find the percent increase. Increase is what percent of the original amount?
  • Percent Decrease To find the percent decrease:
    1. Find the amount of decrease. decrease = original amount new amount
    2. Find the percent decrease. Decrease is what percent of the original amount?
  • Simple Interest If an amount of money, P , called the principal, is invested for a period of t years at an annual interest rate r , the amount of interest, I, earned is
    I = P r t where I = interest P = principal r = rate t = time
  • Discount
    • amount of discount is discount rate · original price
    • sale price is original price – discount
  • Mark-up
    • amount of mark-up is mark-up rate · original cost
    • list price is original cost + mark up

Practice makes perfect

Translate and Solve Basic Percent Equations

In the following exercises, translate and solve.

What number is 45% of 120?

54

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What number is 65% of 100?

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What number is 24% of 112?

26.88

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What number is 36% of 124?

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250% of 65 is what number?

162.5

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150% of 90 is what number?

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800% of 2250 is what number?

18,000

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600% of 1740 is what number?

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28 is 25% of what number?

112

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36 is 25% of what number?

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81 is 75% of what number?

108

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93 is 75% of what number?

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8.2% of what number is $2.87?

$35

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6.4% of what number is $2.88?

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11.5% of what number is $108.10?

$940

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12.3% of what number is $92.25?

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What percent of 260 is 78?

30%

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What percent of 215 is 86?

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What percent of 1500 is 540?

36%

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What percent of 1800 is 846?

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30 is what percent of 20?

150%

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50 is what percent of 40?

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840 is what percent of 480?

175%

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790 is what percent of 395?

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Solve Percent Applications

In the following exercises, solve.

Geneva treated her parents to dinner at their favorite restaurant. The bill was $74.25. Geneva wants to leave 16% of the total bill as a tip. How much should the tip be?

$11.88

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When Hiro and his co-workers had lunch at a restaurant near their work, the bill was $90.50. They want to leave 18% of the total bill as a tip. How much should the tip be?

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Trong has 12% of each paycheck automatically deposited to his savings account. His last paycheck was $2165. How much money was deposited to Trong’s savings account?

$259.80

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Cherise deposits 8% of each paycheck into her retirement account. Her last paycheck was $1,485. How much did Cherise deposit into her retirement account?

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One serving of oatmeal has eight grams of fiber, which is 33% of the recommended daily amount. What is the total recommended daily amount of fiber?

24.2 g

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One serving of trail mix has 67 grams of carbohydrates, which is 22% of the recommended daily amount. What is the total recommended daily amount of carbohydrates?

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A bacon cheeseburger at a popular fast food restaurant contains 2070 milligrams (mg) of sodium, which is 86% of the recommended daily amount. What is the total recommended daily amount of sodium?

2407 mg

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Questions & Answers

Three-fourths of the people at a concert are children. If there are 87 children, what is the total number of people at the concert?
Tsimmuaj Reply
Erica earned a total of $50,450 last year from her two jobs. The amount she earned from her job at the store was $1,250 more than four times the amount she earned from her job at the college. How much did she earn from her job at the college?
Tsimmuaj
Erica earned a total of $50,450 last year from her two jobs. The amount she earned from her job at the store was $1,250 more than four times the amount she earned from her job at the college. How much did she earn from her job at the college?
Tsimmuaj
? Is there anything wrong with this passage I found the total sum for 2 jobs, but found why elaborate on extra If I total one week from the store *4 would = the month than the total is = x than x can't calculate 10 month of a year
candido
what would be wong
candido
87 divided by 3 then multiply that by 4. 116 people total.
Melissa
the actual number that has 3 out of 4 of a whole pie
candido
was having a hard time finding
Teddy
use Matrices for the 2nd question
Daniel
One number is 11 less than the other number. If their sum is increased by 8, the result is 71. Find the numbers.
Tsimmuaj Reply
26 + 37 = 63 + 8 = 71
gayla
Amara currently sells televisions for company A at a salary of $17,000 plus a $100 commission for each television she sells. Company B offers her a position with a salary of $29,000 plus a $20 commission for each television she sells. How televisions would Amara need to sell for the options to be equal?
Tsimmuaj Reply
yes math
Kenneth
company A 13 company b 5. A 17,000+13×100=29,100 B 29,000+5×20=29,100
gayla
DaMarcus and Fabian live 23 miles apart and play soccer at a park between their homes. DaMarcus rode his bike for 34 of an hour and Fabian rode his bike for 12 of an hour to get to the park. Fabian’s speed was 6 miles per hour faster than DaMarcus’s speed. Find the speed of both soccer players.
gustavo Reply
?
Ann
DaMarcus: 16 mi/hr Fabian: 22 mi/hr
Sherman
Joy is preparing 20 liters of a 25% saline solution. She has only a 40% solution and a 10% solution in her lab. How many liters of the 40% solution and how many liters of the 10% solution should she mix to make the 25% solution?
Wenda Reply
15 and 5
32 is 40% , & 8 is 10 % , & any 4 letters is 5%.
Karen
It felt that something is missing on the question like: 40% of what solution? 10% of what solution?
Jhea
its confusing
Sparcast
3% & 2% to complete the 25%
Sparcast
because she already has 20 liters.
Sparcast
ok I was a little confused I agree 15% & 5%
Sparcast
8,2
Karen
Jim and Debbie earned $7200. Debbie earned $1600 more than Jim earned. How much did they earned
Arleathia Reply
5600
Gloria
1600
Gloria
Bebbie: 4,400 Jim: 2,800
Jhea
A river cruise boat sailed 80 miles down the Mississippi River for 4 hours. It took 5 hours to return. Find the rate of the cruise boat in still water and the rate of the current.
Sunnyshay Reply
A veterinarian is enclosing a rectangular outdoor running area against his building for the dogs he cares for. He needs to maximize the area using 100 feet of fencing. The quadratic equation A=x(100−2x) gives the area, A , of the dog run for the length, x , of the building that will border the dog run. Find the length of the building that should border the dog run to give the maximum area, and then find the maximum area of the dog run.
Elizabeth Reply
ggfcc
Mike
Washing his dad’s car alone, eight year old Levi takes 2.5 hours. If his dad helps him, then it takes 1 hour. How long does it take the Levi’s dad to wash the car by himself?
Gagan Reply
1,75hrs
Mike
I'm going to guess. Divide Levi's time by 2. Then divide 1 hour by 2. 1.25 + 0.5 = 1.3?
John
Oops I mean 1.75
John
I'm guessing this because since I have divide 1 hour by 2, I have to do the same for the 2.5 hours it takes Levi by himself.
John
1,75 hrs is correct Mike
Emund
How did you come up with the answer?
John
Drew burned 1,800 calories Friday playing 1 hour of basketball and canoeing for 2 hours. On Saturday, he spent 2 hours playing basketball and 3 hours canoeing and burned 3,200 calories. How many calories did he burn per hour when playing basketball?
Marie Reply
Brandon has a cup of quarters and dimes with a total value of $3.80. The number of quarters is four less than twice the number of dimes. How many quarters and how many dimes does Brandon have?
Kendra Reply
Tickets to a Broadway show cost $35 for adults and $15 for children. The total receipts for 1650 tickets at one performance were $47,150. How many adult and how many child tickets were sold?
dana Reply
825
Carol
Arnold invested $64,000, some at 5.5% interest and the rest at 9%. How much did he invest at each rate if he received $4,500 in interest in one year? How do I do this
Tanesia Reply
how to square
Fiona Reply
easiest way to find the square root of a large number?
Jackie
the accompanying figure shows known flow rates of hydrocarbons into and out of a network of pipes at an oil refinery set up a linear system whose solution provides the unknown flow rates (b) solve the system for the unknown flow rates (c) find the flow rates and directions of flow if x4=50and x6=0
Sabee Reply
Practice Key Terms 9

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Source:  OpenStax, Elementary algebra. OpenStax CNX. Jan 18, 2017 Download for free at http://cnx.org/content/col12116/1.2
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