What is a percent?
Percent Application

Flashcard
•
Mathematics
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
A percent is a ratio expressed as a fraction of 100. It represents a part of a whole.
2.
FLASHCARD QUESTION
Front
How do you calculate the percent of a number?
Back
To calculate the percent of a number, multiply the number by the percent (in decimal form). For example, to find 30% of 120, calculate 120 x 0.30 = 36.
3.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the price of a product or service, usually expressed as a percentage.
4.
FLASHCARD QUESTION
Front
How do you calculate savings from a discount?
Back
To calculate savings from a discount, multiply the original price by the discount percentage (in decimal form).
5.
FLASHCARD QUESTION
Front
What is markup?
Back
Markup is the amount added to the cost price of goods to cover overhead and profit, usually expressed as a percentage.
6.
FLASHCARD QUESTION
Front
How do you calculate the final price after markup?
Back
To calculate the final price after markup, multiply the original price by the markup percentage (in decimal form) and add it to the original price.
7.
FLASHCARD QUESTION
Front
What is sales tax?
Back
Sales tax is a tax imposed by the government on the sale of goods and services, usually expressed as a percentage of the sale price.
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