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Economics Jeopardy

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.

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Economics Jeopardy

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  1. EconomicsJeopardy Created by: R. Tazewell

  2. Jeopardy

  3. 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

  4. 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

  5. Discounts & Markups 300 • Jimmy’s bicycle helmet cost $48. What is 25% of Jimmy’s helmet? • $12 DOUBLE

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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 DOUBLE

  12. 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%

  13. 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

  14. Simple Interest 400 • What is the amount of money deposited or borrowed called? • Principal

  15. Percent of Increase & Decrease 100 • What is the percent of increase from 8 to 13? • 62.5%

  16. Percent of Increase & Decrease 200 • What is the percent of decrease from 49 to 35? • 28.6%

  17. 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

  18. Percent of Increase & Decrease 400 • Amount of increase is $25 • Percent of increase is 20% • What is the original amount? • $125

  19. The Percent Equation 100 • What number is 20% of 110? • 22

  20. The Percent Equation 200 • The number 117 is 45% of what number? • 260

  21. The Percent Equation 300 • What percent of 150 is 90? • 60%

  22. 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? DOUBLE • $28

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