What is a percent rebate?
12 10 Do now Multi- Step Percent Problems 7.RP.3

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Mathematics
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
A percent rebate is a percentage of the purchase price that is returned to the buyer after the purchase is made. For example, a 15% rebate on a $100 purchase means the buyer gets $15 back.
2.
FLASHCARD QUESTION
Front
How do you calculate the savings from a coupon?
Back
To calculate savings from a coupon, subtract the coupon value from the original price. For example, if an item costs $299 and you have a $40 coupon, the savings is $40.
3.
FLASHCARD QUESTION
Front
What is the formula for percent decrease?
Back
Percent decrease = ((Original Price - Sale Price) / Original Price) x 100.
4.
FLASHCARD QUESTION
Front
How do you find the total price after a markup?
Back
Total Price = Cost Price + (Markup Percentage x Cost Price). For example, if an item costs $4.25 and has a 30% markup, the total price is $4.25 + (0.30 x $4.25) = $5.53.
5.
FLASHCARD QUESTION
Front
What is simple interest?
Back
Simple interest is calculated using the formula: Interest = Principal x Rate x Time. It is the interest earned or paid on the original principal amount.
6.
FLASHCARD QUESTION
Front
How do you calculate the percent of a number?
Back
To calculate the percent of a number, multiply the number by the percent (as a decimal). For example, to find 15% of 200, calculate 200 x 0.15 = 30.
7.
FLASHCARD QUESTION
Front
What is the difference between a sale price and a regular price?
Back
The sale price is the reduced price of an item during a sale, while the regular price is the original price before any discounts or promotions.
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