Discounts and Markups

Front

What is a discount?

Back

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

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CCSS.6.RP.A.3C

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How do you calculate a discount?

Back

To calculate a discount, multiply the original price by the discount rate (as a decimal) and subtract that amount from the original price.

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CCSS.6.RP.A.3B

Front

What is a markup?

Back

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

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CCSS.6.RP.A.3C

Front

How do you calculate a markup?

Back

To calculate a markup, multiply the original cost by the markup rate (as a decimal) and add that amount to the original cost.

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CCSS.7.RP.A.3

Front

If a tent costs $325 and has a 15% discount, what is the sale price?

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$276.25

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CCSS.6.RP.A.3C

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If groceries total $35.50 and the sales tax is 4.5%, how much will you owe?

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$37.10

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CCSS.7.RP.A.3

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What happens to the price when a discount is applied?

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The discount is subtracted from the original price.

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CCSS.6.RP.A.3C

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If Ariel buys items totaling $203.86 and uses a 30% off coupon, what will be her total?

Back

$142.00

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CCSS.6.RP.A.3C

Front

If a computer is priced at $455.99 and you use a 30% coupon, what is the total cost?

Back

$319.19

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CCSS.6.RP.A.3C

Front

What is the formula for calculating the final price after applying a discount?

Back

Final Price = Original Price - (Original Price x Discount Rate)

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CCSS.6.RP.A.3C