Percent Markup/Discount
Flashcard
•
Mathematics
•
7th Grade
•
Hard
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3 questions
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1.
FLASHCARD QUESTION
Front
What is percent markup?
Back
Percent markup is the amount added to the cost price of an item, expressed as a percentage of the cost price.
2.
FLASHCARD QUESTION
Front
What is percent discount?
Back
Percent discount is the reduction in price of an item, expressed as a percentage of the original price.
3.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Original Price × Discount Percentage)
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