Tip, Tax and Discounts
Flashcard
•
Mathematics
•
8th Grade
•
Practice Problem
•
Hard
+1
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is the formula to calculate the selling price after a markup?
Back
Selling Price = Cost Price + (Cost Price × Markup Percentage)
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
If a store pays $24 for a sweater and marks it up by 50%, what is the selling price?
Back
$36
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
How do you calculate sales tax on a purchase?
Back
Sales Tax = Purchase Price × Sales Tax Rate
Tags
CCSS.7.RP.A.3
4.
FLASHCARD QUESTION
Front
If Cole buys sneakers for $49.56 and the sales tax is 6.5%, how much sales tax does he pay?
Back
$3.22
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
What is the formula to calculate the discount amount?
Back
Discount Amount = Regular Price × Discount Rate
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
If a jacket is priced at $62.00 with a 15% discount, what is the discount amount?
Back
$9.30
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
What is the selling price of an item after applying a markup?
Back
Selling Price = Cost Price + Markup Amount
Tags
CCSS.6.RP.A.3B
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