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What is the regular price? 2017-05-11
From Saira:
If the sale price is 55.50$ and the discount is 12% what is the regular price
Answered by Penny Nom.
A sales tax of 7% 2016-12-07
From Kenneth:
Hello:

If a sales tax of 7% is placed on every $1.00 of merchandise for sale, is it correct to indicate the tax as 7%/ per $1.00 or 7%/$1.00? If the calculation is expressed as 7%/$1.00 X $5.00, the tax is not $0.35 but 0.35. Is a tax rate of 7% incorrectly represented as 7%/$1.00 since the dollar unit cancels from the multiplication?

I thank you for your reply.

Answered by Penny Nom.
Selina saved $6 on a 20% off sale 2016-10-14
From Myra:
I don't know how to help my child answer this question - Selina bought a shirt on sale that was 20% less than the original price. The original price was $6 more than the sale price. What was the original price?
Answered by Penny Nom.
A 70% off sale 2016-05-11
From virginia:
If the sale price is $129.99 @ 70% off - what was the original price?
Answered by Penny Nom.
Book sales 2015-12-30
From Sandra:
Your finance text book sold 56,500 copies in its first year. The publishing company expects the sales to grow at a rate of 20.0 percent for the next three years, and by 8.0 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in year 3 and 4.
Answered by Penny Nom.
Two price reductions and a coupon 2015-09-16
From Suszanne:
Mary purchased an item for 45% off the original price, plus an additional 20% off the sale price.She also had a $5 off coupon, which the salesclerk applied after these two discounts. Mary's final purchase price for the item was $50. She paid no sales tax, what was the original price of the item?
Answered by Penny Nom.
Sales tax 2015-05-05
From Adalyn:
Hello i've been having some trouble with math, The question is asking for a GST and a PST of a 30.00 dollar shirt. I don't know how to find the GST or the PST please help
Answered by Penny Nom.
The cost before the sales tax 2014-04-13
From Juanda:
Hello,

I know the customer cost with tax and I know the sales tax.
How do I find out the customer cost prior to the added sales tax?

Thank you

Answered by Penny Nom.
Finding the retail price 2014-02-22
From Judy:
An item is currently on sale at 37% off the retail price. The item now sells for $350.

My Question:

What is the retail price and what is the formula or steps to figuring that out?

Answered by Penny Nom.
A sale price for a TV 2013-11-28
From tom:
a TV can be purchased for $278 normally is $328. what is the percent of the present cost of this TV will you be saving?
Answered by Penny Nom.
GST and PST 2013-07-22
From Bev:
Total sales revenues are 116391.38 this amount includes 5% GST and 80% of this amount includes a 7% provincial tax. The other 20% is PST exempt. GST is included in all. How do I figure the PST I owe?
Answered by Penny Nom.
Markup and discount to get a sale price 2013-03-02
From Warren:

If you are an ardent shopper you will be aware of the discount (% decrease) marketing strategy to produce the sale price. I began to wonder just how much mark-up (% increase) was added initially to an item in order to deliver the discounted sale price.

It was simple to construct a formula to convert one to the other.

For example a 30% (mark down) decrease in price required a 42.86% (mark up) to increase the price initially to Tag price. However when I started apply the formulae to a number of circumstances I noticed some very interesting circumstances associated with this relationship

For example a 99.999999% decrease is numerically equal to a 9,999,999,925% increase (huge ratio difference) while conversely a 0.1% decrease is numerically equal to a 0.10010010% increase (Infinitesimally small ratio difference) so the patterns appears logarithmic not linear.

However what really caught my attention was this pattern

See http://www.ozsmart.com/doc/percentage.htm

My questions is why does the decline in the ratio of increases in required mark up (%) price peak at 50 and 51% precisely and then expand again as the percentage move higher

Any explanation would be appreciated


Answered by Harley Weston.
A 6% commission 2011-10-15
From Tamara:
if you earned a gross wage of $810, which includes a salary of $90 and a 6% commission how much is the net sales?
Answered by Penny Nom.
Sales as a function of advertising 2010-12-08
From Adori:
The sales S(in thousands if units) of a product after x hundred dollars is spent on advertising is given by S=10(1-e^kx). Find S as a function of x if 2500 units are sold when $500 is spent on advertising.
Answered by Penny Nom.
Sales taxes in Quebec 2010-04-28
From carole:
I work at a company where we use transport companies and we often get credits on their invoices. I need to know how to subtract the sales taxes from these credit amounts. (5% TPS and 7.5% TVQ). Is the equation: Amount / 1.05 = then this amount / by 1.075=?
Answered by Penny Nom.
A 25% discount 2010-03-29
From Susan:
If something costs 1.00/per lb. and that price includes a 25% discount. How do you calculate what the price was before the discount?
Answered by Penny Nom.
How many CDs and videos did the store sell? 2010-03-01
From dawn:
A used book store started selling CDs and videos. In the first week,the store sold 40 used CDs and videos,at 4.00 per CD and 6.00 per video.The sales for both CDs and videos totaled 180.00 she wrote a system of equations to represent the situation.Then she graph the system of equations

thanks- Dawn

Answered by Tyler Wood.
A 30% markup and a 20% sale 2010-01-25
From stephanie:
A car is marked up 30% from its wholesale price.During a sale the retail price is reduced by 20% .What percent higher is the sale price from the wholesale price.
Answered by Penny Nom.
Gross sales 2007-11-30
From tom:
here is my question: trying to determine what gross sales were.

I have.....Gross sales - (gross X .0675) = 2,245,009

Answered by Penny Nom.
Calculating sales taxes 2007-07-11
From Tonya:
Hi, Im having trouble calculating GST and PST I know that in this province, GST is 6% and PST is 7%, I have a total of $275, and GST is 0.06, and PST is 0.07, so do I add those two and multiply them by the total, $275?
Answered by Stephen La Rocque.
How many sales does she need? 2007-05-07
From Jimi:
The new businessperson hopes to earn $50,000 per year. The profit percentage for this type of business is typically 10%. How much must sales be?
Answered by Stephen La Rocque.
Three people go to a store where there is a sale 2006-05-30
From Geocee:
Three people go to a store where there is a sale. One person buys two shirts, one pair of pants and one sweater. The second person buys one shirt, two pairs of pants and two sweaters. The third person buys three shirts and four pairs of pants. Find the price of each item if the first person spent $155 and the second and third person spent $235 each.
Answered by Stephen La Rocque.
Price percentages 2006-04-13
From Kristine:
An item that is no longer on sale at "25% off" receives a price tag that is 33 1/3% more than the sale price. Has the item price been restored to its original price? Why or Why not?
Answered by Stephen La Rocque.
Reverse pecentage 2005-03-01
From Nathan:
Question for you. If I have spent $10.00, what is the mathamatical equation to
figure out what the G.S.T (7%) was?

Also if I were to spend $80.00 on a hotel, and I would like to know how much
G.S.T (7%) and how much provincial tax (6%) I spent how would I go about this.


Answered by Penny Nom.
Sales before tax 2005-02-09
From Lynda:
I know my total sales for the month, which includes sales tax. How do I get to the sales dollars before the sales tax?
Answered by Penny Nom.
A travelling salesman 2004-09-09
From Liz:
A salesman traveled due west from city A to city B. The distance he traveled, that is the ditance from A to B, was X miles. He returned from B to A and found that he had traveled half the distance, X/2 miles. How can that be?
Answered by Chris Fisher and Penny Nom.
An onsale DVD player 2003-07-09
From Kim:
I have a DVD player with a regular selling price of $175 and percentage of discount is 10 percent. How to solve for discount amount and sale price? Also, when you figure out the sale price how to figure out commission amount when percentage of commission is 5 percent?
Answered by Penny Nom.
pst and gst 2003-06-24
From Robin:
I need to find an easy solution to remembering how to calculated the gst and pst once I have the total amount. ex: my total is $154.40, I have to find the gst and then the pst. I live in bc so the taxes are 7% for gst and 7.5% for pst.
Answered by Penny Nom.
A sale price 2002-10-15
From Chester:
A jacket is on sale for 32% off. Find the original if the sale price is $89.00
Answered by Penny Nom.
A sale on eggs 2002-01-17
From A student:
A store had a sale on eggs, selling 13 eggs for the usual price of a dozen eggs. As a result, the price of the eggs was reduced by 4 cents a dozen. What is the original price for a dozen eggs?
Answered by Penny Nom.
The ages of three daughters 2000-10-25
From Andrea:
An encyclopedia saleman call at a home. The woman who answers the door says she will buy something from him if he can give the ages of her three children. The first clue, she says, is the three ages multiplied together equal 36. he responds that he needs more infomration, so she says that the threee ages add up to the number of the bus that passed by (the prof did not give us this number) He thinks for a while and says he needs one more clue. So she says, my youngest child has red hair, and he is able to answer and make the sale. what are the ages of the three children? (hint: the salesman needed all three clues to get the answer).
Answered by Penny Nom.
 
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