Mark-Up and Discount/Percent Word Problems - Level 3

Flashcard
•
Mathematics
•
7th Grade
•
Hard
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a mark-up?
Back
A mark-up is the amount added to the cost price of a product to determine its selling price, usually expressed as a percentage of the cost price.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the original price of a product, often expressed as a percentage.
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Discount Percentage × Original Price)
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
What is the formula to find the amount saved during a discount?
Back
Amount Saved = Discount Percentage × Original Price
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
If an item costs $100 and has a 20% discount, how much do you save?
Back
You save $20.
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
What is sales tax?
Back
Sales tax is a percentage added to the price of goods and services, collected by the seller and paid to the government.
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
How do you calculate the total cost including sales tax?
Back
Total Cost = Original Price + (Sales Tax Percentage × Original Price)
Tags
CCSS.6.RP.A.3C
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