Percent Application

Front

What is a percent?

Back

A percent is a ratio expressed as a fraction of 100. It represents a part of a whole.

Front

How do you calculate the sale price after a discount?

Back

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

Front

What is the formula to find the original price from a sale price?

Back

Original Price = Sale Price / (1 - Discount Percentage)

Front

How do you calculate sales tax?

Back

Sales Tax = Purchase Price × Sales Tax Rate

Front

What is the total cost including tax?

Back

Total Cost = Purchase Price + Sales Tax

Front

If an item costs $200 and is on sale for 25% off, what is the sale price?

Back

Sale Price = $200 - (0.25 × $200) = $150

Front

How do you find the amount of money needed after tax?

Back

Amount Needed = Total Cost - Amount Saved

Front

What is a discount?

Back

A discount is a reduction in the original price of a product or service.

Front

If a TV originally costs $800 and is discounted by $100, what is the new price?

Back

New Price = $800 - $100 = $700

Front

What does it mean to round to the nearest cent?

Back

Rounding to the nearest cent means adjusting a monetary amount to the closest hundredth place.