Review Chapter 5-Cash Purchases

REVIEW CHAPTER 5-CASH PURCHASES

1. A rechargeable flashlight regularly sells for $15.97. It is on sale for $11.97 and has a rebate of $2.00. What is the final price after the rebate if an envelope costs $0.15 and a stamp costs $0.54? How much is saved altogether?

2. Bob Kenton purchases a jacket that regularly sells for $39.95. The jacket has been discounted 33%. What is the sale price of the jacket?

3. Fuller’s Bedland regularly sells a posture classic king sized mattress for $309.95. For an August clearance sale, the mattress is discounted 30% off the regular selling price. How much is saved by purchasing the mattress during the sale?

4. Mary Patterson purchases a DVD player on sale for $79.95. The regular selling price was $139.95. What is the markdown on the radio?

5. Jim Masters purchased 2 boxes of crackers for $1.99 per box. He had two coupons, one for 30¢ and one for 25¢. What is the final price of the crackers? 6. Martin Gillis compares the prices for paper towels. A 3-roll package is priced at $2.89. A single roll is priced at $0.89. Based on price alone, which is the better buy?

7. Hidden Valley ranch dressing comes in two sizes of bottles. The 8-oz bottle sells for $1.29, and the 12-oz bottle sells for $1.89. Which is the better buy? Why?

8. Jack Roth purchases 6 cans of oil at 99¢ a can, 8 spark plugs at $2.25 each, a $7.49 air filter, and an oil filter for $4.49. The sales tax rate is 4%. What is the total purchase price of his purchases?

9. Debra Rothchild purchases a garden hose for $12.95, 5 packs of seeds at $0.59 each, and a flat of flowers for $7.25. The sales tax rate is 6%. What is the sales tax on her purchase?

10. Delman’s raisins are sold in two sizes. The price of a 12-oz package is $1.29. The price of a 24-oz package is $1.99. Based on price alone, which package is the better buy?