Percent Discount and Markup
Flashcard
•
Mathematics
•
7th Grade
•
Hard
Standards-aligned
Wayground Content
FREE Resource
Student preview
4 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is a percent discount?
Back
A percent discount is a reduction from the original price of an item, expressed as a percentage of that original price.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a percent discount?
Back
Sale Price = Original Price - (Original Price × Percent Discount)
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
What is markup?
Back
Markup is the amount added to the cost price of goods to cover overhead and profit, usually expressed as a percentage of the cost price.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
How do you calculate the selling price after a markup?
Back
Selling Price = Cost Price + (Cost Price × Markup Percentage) or Selling Price = Cost Price × (1 + Markup Percentage)
Tags
CCSS.6.RP.A.3C
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