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StockX Fee worksheet

Grades 7–8

Solve each problem and show your work. Round answers to 2 decimal places where needed.

  1. Problem 1.
    • Item sale price: $45
    • Shipping the buyer pays: $6
    • What shipping costs you: $6
    • What you paid for the item: $8
    • Sales tax rate: 6%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  2. Problem 2.
    • Item sale price: $34
    • Shipping the buyer pays: $5
    • What shipping costs you: $6
    • What you paid for the item: $12
    • Sales tax rate: 6%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  3. Problem 3.
    • Item sale price: $38
    • Shipping the buyer pays: $4
    • What shipping costs you: $5
    • What you paid for the item: $10
    • Sales tax rate: 10%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  4. Problem 4.
    • Item sale price: $58
    • Shipping the buyer pays: $6
    • What shipping costs you: $6
    • What you paid for the item: $12
    • Sales tax rate: 6%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  5. Problem 5.
    • Item sale price: $54
    • Shipping the buyer pays: $6
    • What shipping costs you: $5
    • What you paid for the item: $10
    • Sales tax rate: 5%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  6. Problem 6.
    • Item sale price: $45
    • Shipping the buyer pays: $5
    • What shipping costs you: $6
    • What you paid for the item: $9
    • Sales tax rate: 6%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  7. Problem 7.
    • Item sale price: $56
    • Shipping the buyer pays: $4
    • What shipping costs you: $6
    • What you paid for the item: $10
    • Sales tax rate: 5%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  8. Problem 8.
    • Item sale price: $49
    • Shipping the buyer pays: $5
    • What shipping costs you: $5
    • What you paid for the item: $11
    • Sales tax rate: 7%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  9. Problem 9.
    • Item sale price: $40
    • Shipping the buyer pays: $4
    • What shipping costs you: $5
    • What you paid for the item: $10
    • Sales tax rate: 5%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

  10. Problem 10.
    • Item sale price: $45
    • Shipping the buyer pays: $6
    • What shipping costs you: $4
    • What you paid for the item: $11
    • Sales tax rate: 9%
    • Ad or boost fee, if any: 0%

    Find: StockX fees

Answer key: StockX Fee worksheet

  1. 1. StockX fees: $6.35

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.35
    3. Add these up to get your StockX fees

      $6.35
    4. Take the fees off what the buyer paid you for the item and shipping

      $45.00−$6.35=$38.65
    5. Take off your shipping and item costs to find your profit

      $38.65−$14.00=$24.65
  2. 2. StockX fees: $6.02

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.02
    3. Add these up to get your StockX fees

      $6.02
    4. Take the fees off what the buyer paid you for the item and shipping

      $34.00−$6.02=$27.98
    5. Take off your shipping and item costs to find your profit

      $27.98−$18.00=$9.98
  3. 3. StockX fees: $6.14

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.14
    3. Add these up to get your StockX fees

      $6.14
    4. Take the fees off what the buyer paid you for the item and shipping

      $38.00−$6.14=$31.86
    5. Take off your shipping and item costs to find your profit

      $31.86−$15.00=$16.86
  4. 4. StockX fees: $6.96

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.22
    2. Payment processing: 3% of the sale price

      $1.74
    3. Add these up to get your StockX fees

      $6.96
    4. Take the fees off what the buyer paid you for the item and shipping

      $58.00−$6.96=$51.04
    5. Take off your shipping and item costs to find your profit

      $51.04−$18.00=$33.04
  5. 5. StockX fees: $6.62

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.62
    3. Add these up to get your StockX fees

      $6.62
    4. Take the fees off what the buyer paid you for the item and shipping

      $54.00−$6.62=$47.38
    5. Take off your shipping and item costs to find your profit

      $47.38−$15.00=$32.38
  6. 6. StockX fees: $6.35

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.35
    3. Add these up to get your StockX fees

      $6.35
    4. Take the fees off what the buyer paid you for the item and shipping

      $45.00−$6.35=$38.65
    5. Take off your shipping and item costs to find your profit

      $38.65−$15.00=$23.65
  7. 7. StockX fees: $6.72

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.04
    2. Payment processing: 3% of the sale price

      $1.68
    3. Add these up to get your StockX fees

      $6.72
    4. Take the fees off what the buyer paid you for the item and shipping

      $56.00−$6.72=$49.28
    5. Take off your shipping and item costs to find your profit

      $49.28−$16.00=$33.28
  8. 8. StockX fees: $6.47

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.47
    3. Add these up to get your StockX fees

      $6.47
    4. Take the fees off what the buyer paid you for the item and shipping

      $49.00−$6.47=$42.53
    5. Take off your shipping and item costs to find your profit

      $42.53−$16.00=$26.53
  9. 9. StockX fees: $6.20

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.20
    3. Add these up to get your StockX fees

      $6.20
    4. Take the fees off what the buyer paid you for the item and shipping

      $40.00−$6.20=$33.80
    5. Take off your shipping and item costs to find your profit

      $33.80−$15.00=$18.80
  10. 10. StockX fees: $6.35

    1. Transaction fee: 9% of the sale price at Level 1, at least $5

      $5.00
    2. Payment processing: 3% of the sale price

      $1.35
    3. Add these up to get your StockX fees

      $6.35
    4. Take the fees off what the buyer paid you for the item and shipping

      $45.00−$6.35=$38.65
    5. Take off your shipping and item costs to find your profit

      $38.65−$15.00=$23.65