Percent Change, Markup, Discount

Front

What is percent change?

Back

Percent change is a way to express a change in value as a percentage of the original value. It is calculated by taking the difference between the new value and the original value, dividing by the original value, and then multiplying by 100.

Front

How do you calculate a discount?

Back

To calculate a discount, multiply the original price by the discount percentage (as a decimal), then subtract that amount from the original price.

Front

What is markup?

Back

Markup is the amount added to the cost price of goods to cover overhead and profit. It is usually expressed as a percentage of the cost price.

Front

How do you find the sale price after a discount?

Back

Sale Price = Original Price - (Original Price x Discount Percentage)