ALG - 2.9 Review

Front

What percent of 50 is 20?

Back

40%.

Front

What is a mark down?

Back

A discount applied to the original price.

Front

How do you find the MARK UP price?

Back

Add the tax to the original price.

Front

If Eric earned 60 points on a test with 75 possible points, how do you calculate his percent grade?

Back

Divide the points earned by the total points possible and multiply by 100. (60/75) * 100 = 80%.

Front

What does discount mean in terms of pricing?

Back

A discount is an amount subtracted from the original price.

Front

How do you convert a fraction to a percentage?

Back

Multiply the fraction by 100.

Front

What is the formula for calculating percent?

Back

(Part/Whole) * 100.

Front

What is the difference between mark up and mark down?

Back

Mark up increases the price, while mark down decreases the price.

Front

How do you calculate the original price if you know the sale price and the discount?

Back

Original Price = Sale Price / (1 - Discount Rate).

Front

What is the relationship between percent and fractions?

Back

Percent is a fraction out of 100.