Discount Flashcard

Front

What is a discount?

Back

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

Front

How do you calculate the amount of discount?

Back

To calculate the amount of discount, multiply the original price by the discount percentage (in decimal form). For example, for a 20% discount on a $50 item: $50 x 0.20 = $10 discount.

Front

What is the formula to find the final price after a discount?

Back

Final Price = Original Price - Discount Amount.

Front

If an item costs $100 and is 25% off, what is the discount amount?

Back

The discount amount is $25.

Front

If a shirt costs $40 and is on sale for 30% off, what is the final price?

Back

Final Price = $40 - ($40 x 0.30) = $28.

Front

What does '40% off' mean?

Back

'40% off' means that the price of the item is reduced by 40% of its original price.

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100. For example, 25% becomes 0.25.

Front

What is the original price if a $60 item is sold for $48 after a discount?

Back

The original price is $60. The discount amount is $12, which is 20% off.

Front

If a toy costs $19.99 and is 20% off, how much will it cost after the discount?

Back

Cost after discount = $19.99 - ($19.99 x 0.20) = $15.99.

Front

What is the difference between a sale price and an original price?

Back

The sale price is the price after discounts have been applied, while the original price is the price before any discounts.