What is a discount?
Tax, Tip, Discount, and Commission

Flashcard
•
Mathematics
•
6th - 8th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

14 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
A discount is a reduction in the original price of a product or service, often expressed as a percentage.
2.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Discount Percentage x Original Price)
3.
FLASHCARD QUESTION
Front
What is a tip?
Back
A tip is a small amount of money given to someone for their service, typically calculated as a percentage of the total bill.
4.
FLASHCARD QUESTION
Front
How do you calculate the total amount paid including a tip?
Back
Total Amount = Bill Amount + (Tip Percentage x Bill Amount)
5.
FLASHCARD QUESTION
Front
What is a markup?
Back
A markup is an increase in the price of a product, usually expressed as a percentage of the cost price.
6.
FLASHCARD QUESTION
Front
How do you calculate the retail price after a markup?
Back
Retail Price = Cost Price + (Markup Percentage x Cost Price)
7.
FLASHCARD QUESTION
Front
What is commission?
Back
Commission is a fee paid to an agent or employee for their services, often calculated as a percentage of the sales they generate.
Create a free account and access millions of resources
Similar Resources on Quizizz
9 questions
Lesson 6.6-Discounts and Markups

Flashcard
•
6th - 8th Grade
11 questions
Markup

Flashcard
•
7th Grade
15 questions
Sales Tax Tip Discount Markup Commission

Flashcard
•
6th - 7th Grade
15 questions
Tax, Tip, Discount, Commission and Markup Review

Flashcard
•
7th - 8th Grade
11 questions
Markup & Discount Flashcard

Flashcard
•
7th Grade
15 questions
Discount, Tax, Tip, Markup, & Commission

Flashcard
•
7th - 8th Grade
15 questions
Tax/Tip/Discount/MarkUp/Commission Flashcard

Flashcard
•
6th - 7th Grade
9 questions
Tax, Tip, Markup, Discount, etc.

Flashcard
•
6th - 8th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade
Discover more resources for Mathematics
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
36 questions
SEA 7th Grade Week 3 Review FINAL 2025

Quiz
•
7th Grade
20 questions
Multiplying and Dividing Integers

Quiz
•
7th Grade
20 questions
Lesson: Slope and Y-intercept from a graph

Quiz
•
8th Grade
10 questions
Area and Circumference of a Circle

Quiz
•
7th Grade