Percent - Markup and Markdown 2

Percent - Markup and Markdown 2

Assessment

Flashcard

Mathematics

Hard

CCSS
6.RP.A.3C, 5.NBT.A.4, 6.RP.A.3D

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

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15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is a markdown?

Back

A markdown is a reduction in the original price of a product, expressed as a percentage of the original price.

Tags

CCSS.6.RP.A.3C

2.

FLASHCARD QUESTION

Front

How do you calculate the new price after a markdown?

Back

New Price = Original Price - (Original Price × Markdown Percentage)

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, expressed as a percentage of the original price.

Tags

CCSS.6.RP.A.3C

4.

FLASHCARD QUESTION

Front

How do you calculate the new price after a markup?

Back

New Price = Original Price + (Original Price × Markup Percentage)

Tags

CCSS.6.RP.A.3C

5.

FLASHCARD QUESTION

Front

If an item originally costs $50 and has a 20% markdown, what is the new price?

Back

New Price = $50 - ($50 × 0.20) = $40.00

Tags

CCSS.6.RP.A.3C

6.

FLASHCARD QUESTION

Front

If an item originally costs $80 and has a 25% markup, what is the new price?

Back

New Price = $80 + ($80 × 0.25) = $100.00

Tags

CCSS.6.RP.A.3C

7.

FLASHCARD QUESTION

Front

What is the formula to find the original price from the new price after a markup?

Back

Original Price = New Price / (1 + Markup Percentage)

Tags

CCSS.6.RP.A.3C

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