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PSLE Percents — practice questions — page 2

Explore 34 free Percents questions in PSLE Mathematics. Open each question or exercise to read its content, reference answers and available explanation.

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Percents questions and exercises with answers

Showing questions 31–34 of 34.

How do you find the list price of an item after a mark-up?Read the answer and worked solution →Adam's art gallery bought a photograph for $250 wholesale and marked it up 40%. What is the amount of the mark-up?Read the answer and worked solution →Complete the money formulasRead the answer and worked solution →Pick the bigger amountRead the answer and worked solution →

Worked practice questions

How do you find the list price of an item after a mark-up?

  1. Subtract the mark-up from the wholesale price
  2. Multiply the wholesale price by the list price
  3. Divide the wholesale price by the mark-up
  4. Add the mark-up to the wholesale price
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Correct answer: D. Add the mark-up to the wholesale price

1. A mark-up increases the wholesale price of an item to set its list price. 2. The higher price is found by adding the mark-up amount. 3. So the list price equals the wholesale price plus the mark-up. 4. Subtracting, multiplying, or dividing by the mark-up would not correctly raise the wholesale price. _Source: OpenStax Prealgebra (CC BY 4.0), Ch 6 "Percents", section 6.3 Solve Sales Tax, Commission, and Discount Applications_

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Adam's art gallery bought a photograph for $250 wholesale and marked it up 40%. What is the amount of the mark-up?

  1. $100
  2. $90
  3. $110
  4. $40
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Correct answer: A. $100

1. Change 40% to a decimal: 0.40. 2. Multiply the decimal by the wholesale price: 0.40 x 250. 3. This gives 100. 4. So the amount of mark-up is $100. _Source: OpenStax Prealgebra (CC BY 4.0), Ch 6 "Percents", section 6.3 Solve Sales Tax, Commission, and Discount Applications_

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Complete the money formulas

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Missing parts
  1. Answer
    Purchase Price
    Choices
    1. Purchase Price
    2. Total Cost
  2. Answer
    Discount
    Choices
    1. Mark-up
    2. Discount
    3. Tax Rate
  3. Answer
    Mark-up
    Choices
    1. Mark-up
    2. Discount
  4. Answer
    t (time)
    Choices
    1. t (time)
    2. T (tax)
Complete the statement
Sales Tax = Tax Rate x {0} Sale Price = Original Price - {1} List Price = Wholesale Price + {2} Simple Interest I = P x r x {3}
Instructions
Tap the right word for each blank in the four formulas.
_Source: OpenStax Prealgebra (CC BY 4.0), Ch 6 "Percents", section 6.3 Solve Sales Tax, Commission, and Discount Applications_

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