Percent Discount and Markup

Flashcard
•
Mathematics
•
7th Grade
•
Hard
Standards-aligned
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15 questions
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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 the original price.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the percent discount?
Back
Percent Discount = (Original Price - Sale Price) / Original Price x 100%.
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
If an item originally costs $500 and is sold for $175, what is the percent discount?
Back
65%.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
What is markup in pricing?
Back
Markup is the amount added to the cost price of goods to cover overhead and profit, expressed as a percentage of the cost price.
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
How do you calculate the sale price after markup?
Back
Sale Price = Cost Price + (Cost Price x Markup Percentage).
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
If a store pays $32 for a video game and marks it up by 75%, what is the sale price?
Back
$56.00.
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
What is the formula to find the sale price after a discount?
Back
Sale Price = Original Price - (Original Price x Discount Percentage).
Tags
CCSS.6.RP.A.3C
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