Percent - Markup and Markdown 2
Flashcard
•
Mathematics
•
•
Hard
Standards-aligned
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15 questions
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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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