Discounts and Markups

Discounts and Markups

Assessment

Flashcard

Mathematics

6th - 8th Grade

Practice Problem

Hard

CCSS
6.RP.A.3C

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

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8 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is a discount?

Back

A discount is a reduction in the original price of a product or service, often expressed as a percentage.

Tags

CCSS.6.RP.A.3C

2.

FLASHCARD QUESTION

Front

How do you calculate the sale price after a discount?

Back

Sale Price = Original Price - (Discount Percentage × Original Price)

Tags

CCSS.6.RP.A.3C

3.

FLASHCARD QUESTION

Front

What is a markup?

Back

A markup is an increase in the original price of a product or service, usually expressed as a percentage.

Tags

CCSS.6.RP.A.3C

4.

FLASHCARD QUESTION

Front

How do you calculate the selling price after a markup?

Back

Selling Price = Original Price + (Markup Percentage × Original Price)

Tags

CCSS.6.RP.A.3C

5.

FLASHCARD QUESTION

Front

If a dress is originally priced at $50 and is on sale for 30% off, what is the sale price?

Back

Sale Price = $50 - (30% × $50) = $35.

Tags

CCSS.6.RP.A.3C

6.

FLASHCARD QUESTION

Front

If a smartphone costs $300 and is marked up by 20%, what is the selling price?

Back

Selling Price = $300 + (20% × $300) = $360.

Tags

CCSS.6.RP.A.3C

7.

FLASHCARD QUESTION

Front

What is the original price if a pair of shoes is sold for $40 after a 20% discount?

Back

Original Price = Sale Price / (1 - Discount Percentage) = $40 / (1 - 0.20) = $50.

Tags

CCSS.6.RP.A.3C

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