Percent Increase & Decrease

Flashcard
•
Mathematics
•
7th Grade
•
Hard
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is percent increase?
Back
Percent increase is a measure of how much a quantity has grown relative to its original amount, expressed as a percentage. It is calculated using the formula: ((New Value - Old Value) / Old Value) * 100.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
What is percent decrease?
Back
Percent decrease is a measure of how much a quantity has decreased relative to its original amount, expressed as a percentage. It is calculated using the formula: ((Old Value - New Value) / Old Value) * 100.
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
How do you calculate the percent change?
Back
Percent change can be calculated using the formula: ((New Value - Old Value) / Old Value) * 100. This formula applies to both percent increase and percent decrease.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
What is the formula to calculate sales tax?
Back
The formula to calculate sales tax is: Sales Tax = Price of Item * Tax Rate.
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
How do you calculate the total price after tax?
Back
Total Price = Price of Item + Sales Tax. Alternatively, Total Price = Price of Item * (1 + Tax Rate).
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
What is markup?
Back
Markup is the amount added to the cost price of goods to cover overhead and profit. It is often expressed as a percentage of the cost price.
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
How do you calculate the selling price using markup?
Back
Selling Price = Cost Price + (Cost Price * Markup Percentage).
Tags
CCSS.6.RP.A.3C
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