Understanding Discounts and Sale Prices

What is the definition of a discount or markdown?

• The amount added to the regular price.

• The amount by which the regular price is increased.

• The amount by which the regular price is reduced.

• The final price after tax is added.

If a shirt is regularly priced at $42 and is on sale for 15% off, what is the sale price using the first method?

• $34.50

• $35.70

• $36.00

• $37.00

In the second method of calculating sale price, what percentage of the original price do you multiply by?

• 15%

• 85%

• 50%

• 100%

What is the first step in calculating the sale price with tax?

• Add the tax to the regular price.

• Find the amount of the discount.

• Multiply the regular price by the tax rate.

• Subtract the tax from the sale price.

How do you convert a percentage to a decimal for calculation purposes?

• Move the decimal point one place to the right.

• Move the decimal point two places to the left.

• Divide by 10.

• Add a zero to the end.

If a CD is on sale for 25% off and the regular price is $15.50, what is the sale price before tax?

• $13.00

• $10.50

• $12.00

• $11.62

What is the original price if a cell phone is on sale for 30% off and the sale price is $205.50?

• $300.00

• $250.00

• $293.57

• $275.00

How do you find the original price from the sale price and discount percentage?

• Subtract the discount from the sale price.

• Add the discount to the sale price.

• Divide the sale price by the remaining percentage of the original price.

• Multiply the sale price by the discount percentage.

Which store offers a better deal if Clothes R Us offers 50% off $50 and Tracklist offers 30% off $40?

• Both offer the same price

• Neither offers a discount

• Tracklist

• Clothes R Us

What is the sale price at Tracklist if the regular price is $40 and the discount is 30%?

• $28.00

• $20.00

• $30.00

• $25.00