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Economics Jeopardy Created by: R. Tazewell

Economics Jeopardy

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Economics Jeopardy. Created by: R. Tazewell. Jeopardy. Discounts & Markups 100. You buy a pair of jeans that is 30% off the original price of $29. What is the sale price?. $20.30. Discounts & Markups 200. - PowerPoint PPT Presentation

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Economics

Jeopardy

Created by: R. Tazewell

JeopardyDiscounts

& Markups

Sales Tax & Tips

Simple Interest

Percent of Increase

& Decrease

The Percent

Equation

100 100 100 100 100

200 200 200 200 200

300 300 300 300 300

400 400 400 400 400

Discounts & Markups 100

You buy a pair of jeans that is 30% off the original price of $29. What is the sale price?

$20.30

Discounts & Markups 200

The wholesale price of the skateboard was $70. The markup of the skateboard is 125%. What is the new price?

$157.50

Discounts & Markups 300

Jimmy’s bicycle helmet cost $48. What is 25% of Jimmy’s helmet?

$12

Discounts & Markups 400

A store buys guitars from a manufacturer at a wholesale price of $38. The stores markup is 85%. What is the retail price?

$70.30

Sales Tax & Tips 100

Your meal costs $12. You leave a 20% tip. The sales tax is 5%. What is the total cost of the meal?

$15.00

Sales Tax & Tips 200

If my Snow Crab Dinner cost $25, and I gave the waitress a 15% tip. How much did I give the waitress?

$3.75

Sales Tax & Tips 300

State tax is 7%. At Wal-Mart, Bob’s total was $250 before tax. What was Bob’s total after tax?

$267.50

Sales Tax & Tips 400

You have a $20 gift card from a bookstore. You use it to buy two books for a total of $18.49. The sales tax is 5.75%. How much is left on the gift card after the purchase?

$0.45

Simple Interest 100

You deposit $500 into an account that earns 6% simple annual interest. What will the account’s balance be after 2 years?

$560

Simple Interest 200

You deposit $1000 into a 3-month certificate of deposit. After 3 months the balance is $1005. Find the simple annual interest rate.

2%

Simple Interest 300

You put $750 into a certificate of deposit. Your simple annual interest rate is 4%. You receive a check for the interest at the end of each year. How long will it take to earn $150 in interest?

5 years

Simple Interest 400

What is the amount of money deposited or borrowed called?

Principal

Percent of Increase & Decrease 100

What is the percent of increase from 8 to 13?

62.5%

Percent of Increase & Decrease 200

What is the percent of decrease from 49 to 35?

28.6%

Percent of Increase & Decrease 300

A taco company puts 24 taco shells in every box. Recently the company expanded the box and put 25% more shells in each box. How many shells are in every box now?

30 shells

Percent of Increase & Decrease 400

Amount of increase is $25 Percent of increase is 20% What is the original amount?

$125

The Percent Equation 100

What number is 20% of 110?

22

The Percent Equation 200

The number 117 is 45% of what number?

260

The Percent Equation 300

What percent of 150 is 90?

60%

The Percent Equation 400

A clothing salesperson sells a suit for $350. The salesperson receives an 8% commission on the sale. How much is the commission?

$28