Discounts and Markdowns

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What is a discount?

Back

A discount is a reduction in the price of a product or service, usually expressed as a percentage of the original price.

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CCSS.6.RP.A.3C

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How do you calculate the amount of a discount?

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To calculate the amount of a discount, multiply the original price by the discount percentage (in decimal form).

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CCSS.6.RP.A.3B

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When you have a discount, do you add or subtract the discount from the total?

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Subtract.

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CCSS.7.EE.B.3

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What is a markdown?

Back

A markdown is a permanent reduction in the original selling price of a product.

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CCSS.6.RP.A.3C

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How do you find the sale price after a discount?

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Subtract the discount amount from the original price.

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CCSS.6.RP.A.3B

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If an item costs $50 and has a 10% discount, what is the discount amount?

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$5.00.

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CCSS.6.RP.A.3C

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If a shirt originally costs $30 and is marked down by 25%, what is the sale price?

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$22.50.

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CCSS.6.RP.A.3C

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What is the formula to calculate the sale price after a markdown?

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Sale Price = Original Price - (Original Price x Markdown Percentage).

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CCSS.6.RP.A.3C

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If a pair of shoes costs $80 and is on sale for 15% off, how much do you pay?

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$68.00.

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CCSS.6.RP.A.3C

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What does it mean to apply a discount?

Back

To apply a discount means to reduce the price of an item by a certain percentage or amount.

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CCSS.6.RP.A.3C