discount, markdown practice

Front

What is a discount?

Back

A discount is a reduction in the regular price of an item.

Front

How do you calculate the amount saved from a discount?

Back

Multiply the original price by the discount percentage (in decimal form).

Front

If an item costs $50 and has a 20% discount, how much do you save?

Back

$10.00

Front

What is the sale price after applying a discount?

Back

Sale Price = Original Price - Discount Amount.

Front

If a shirt costs $30 and is on sale for 15% off, what is the sale price?

Back

$25.50

Front

What does it mean to round to the nearest cent?

Back

It means to adjust a number to two decimal places, where the second decimal is either rounded up or down.

Front

If a video game costs $60 and is discounted by 30%, what is the sale price?

Back

$42.00

Front

What is a markdown?

Back

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

Front

If an item originally costs $80 and is marked down by 25%, what is the new price?

Back

$60.00

Front

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

Back

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