Discounts and Markups

Flashcard
•
Mathematics
•
6th - 8th Grade
•
Hard
Standards-aligned
Wayground Content
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8 questions
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1.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the original price of a product or service, often expressed as a percentage.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Discount Percentage × Original Price)
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
What is a markup?
Back
A markup is an increase in the original price of a product or service, usually expressed as a percentage.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
How do you calculate the selling price after a markup?
Back
Selling Price = Original Price + (Markup Percentage × Original Price)
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
If a dress is originally priced at $50 and is on sale for 30% off, what is the sale price?
Back
Sale Price = $50 - (30% × $50) = $35.
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
If a smartphone costs $300 and is marked up by 20%, what is the selling price?
Back
Selling Price = $300 + (20% × $300) = $360.
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
What is the original price if a pair of shoes is sold for $40 after a 20% discount?
Back
Original Price = Sale Price / (1 - Discount Percentage) = $40 / (1 - 0.20) = $50.
Tags
CCSS.6.RP.A.3C
8.
FLASHCARD QUESTION
Front
How do you find the original price before a markup?
Back
Original Price = Selling Price / (1 + Markup Percentage)
Tags
CCSS.6.RP.A.3C
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