Discount and Markup Worksheets
Free printable discount and markup worksheets. Find the sale price or the selling price to the cent, with an answer key.
Each question gives a price and a percentage and asks for the new price. A discount takes the percentage off: a $64.00 jacket at 25% off loses $16.00, so the sale price is $48.00. A markup adds it on: a store that buys a lamp for $85.00 and marks it up 40% sells it for $119.00.
Every page mixes discounts and markups, as evenly as its count allows. Discounts run from 10% to 75% off, and markups from 10% up to 100%, which doubles the price. Prices are $50 to $200, and every answer is exact to the cent.
What this worksheet covers
- Find the sale price of an item after a percent discount
- Find the selling price of an item after a percent markup
Common Core standards
- 7.RP.A.3 Use proportional relationships to solve multistep ratio and percent problems, including percent increase and decrease.
Frequently asked questions
What is a markup?
The amount a store adds to what it paid for something, as a percentage of that cost. A store that pays $120.00 for a bike and marks it up 15% adds $18.00, and sells it for $138.00.
How do you find a sale price in one step?
Multiply by the part that is left. 25% off leaves 75% of the price, so a $64.00 jacket costs 64 × 0.75 = $48.00. A markup works the other way: a 40% markup means multiplying by 1.40.
How is this different from the percent of change worksheets?
The arithmetic is the same - a rise or a fall by a percentage - but these questions are about prices, in dollars and cents, at rates like 15% off. The percent of change worksheets use plain whole numbers and round percentages, which suits a first look at the idea.
What grade are discounts and markups?
Seventh grade, where markups and markdowns are named in the ratio and percent standard. A student not yet sure how to find 25% of a number is better starting on the percentage of a number worksheets.