Understanding Store Discounts Quiz

What is a discount?

• An increase in price

• A reduction in price

• A type of tax

• A store's profit

Which of the following is a type of discount?

• Sales tax

• Buy one get one free

• Shipping fee

• Service charge

If a shirt costs $20 and there is a 10% discount, what is the sale price?

• $18

• $19

• $2

• $22

How do you calculate a 20% discount on a $50 item?

• Multiply $50 by 0.2

• Add $50 and 0.2

• Subtract 0.2 from $50

• Divide $50 by 0.2

What is a coupon?

• A type of currency

• A ticket for a free item

• A voucher for a discount

• A receipt for a purchase

Which of the following is an example of a seasonal sales event?

• Black Friday

• Daily discounts

• Clearance sale

• Regular price

If a store offers a $5 coupon on a $30 purchase, what is the final price?

• $25

• $35

• $5

• $30

A store has a 15% off sale on all items. If you buy an item originally priced at $40, how much do you save?

• $6

• $4

• $10

• $8

If a $100 item is on sale for 25% off, what is the sale price?

• $75

• $25

• $50

• $125

How can understanding coupons help you save money?

• By ignoring them

• By using them to reduce the total cost of purchases

• By collecting them without using

• By spending more money