Percent Discount and Markup

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.

Front

How do you calculate the sale price after a discount?

Back

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

Front

If a shirt costs $40 and is on sale for 20% off, what is the sale price?

Back

$32

Front

What is a markup?

Back

A markup is an increase in the original price of an item, expressed as a percentage of that original price.

Front

How do you calculate the sale price after a markup?

Back

Sale Price = Original Price + (Original Price × Markup Percentage)

Front

If a backpack costs $30 and has a 10% markup, what is the new price?

Back

$33

Front

What is the formula to find the percent change?

Back

Percent Change = ((New Price - Original Price) / Original Price) × 100%.

Front

If the original price of a bike is $200 and the new price is $250, what is the percent change?

Back

25% increase.

Front

How do you find the original price after a discount?

Back

Original Price = Sale Price / (1 - Discount Percentage)

Front

If a pair of shoes is sold for $60 after a 25% discount, what was the original price?

Back

$80