Sales/Rebates/Coupons

How do sales tax and discounts affect the final price?

• Sales tax is added to the sale price after discounts are applied, increasing the final cost.

• Sales tax is calculated before applying any discounts, reducing the final cost.

• Discounts are applied after sales tax, which does not affect the final price.

• Sales tax and discounts do not affect the final price at all.

What does it mean when an item is 'on sale'?

• The item is being offered at a higher price than usual.

• The item is being offered at a lower price than usual.

• The item is no longer available for purchase.

• The item is being offered with a free gift.

What is a coupon?

• A voucher that provides a discount on a specific product or service.

• A type of credit card used for online shopping.

• A promotional email sent to customers.

• A loyalty program that rewards frequent buyers.

What is a discount?

• A reduction in the original price of a product or service.

• An increase in the price of a product or service.

• A special offer that adds extra features to a product.

• A fee charged for returning a product.

If a pair of shoes costs $80 and has a 15% discount, how much do you save?

• $8

• $10

• $12

• $15

How do you find the percentage of a discount?

• Percentage of Discount = (Discount Amount / Original Price) x 100.

• Percentage of Discount = (Original Price / Discount Amount) x 100.

• Percentage of Discount = (Discount Amount x 100) / Original Price.

• Percentage of Discount = (Original Price - Discount Amount) / Original Price x 100.

What does it mean when a price is marked down?

• The price has been increased from its original price.

• Marked down means the price has been reduced from its original price.

• The price is the same as the original price.

• The price is only applicable for a limited time.

What is the difference between a rebate and a discount?

• A rebate is a reduction at the time of purchase, while a discount is a partial refund after purchase.

• A rebate is a partial refund after purchase, while a discount is a reduction at the time of purchase.

• A rebate is a type of coupon, while a discount is a cash-back offer.

• A rebate is a promotional offer, while a discount is a loyalty reward.

If a jacket is originally $120 and is on sale for $90, what is the discount percentage?

• 20%

• 25%

• 30%

• 15%

If a shirt originally costs $30 and is on sale for 25% off, what is the sale price?

• $20.00

• $22.50

• $25.00

• $27.50