Discount

Discount

Assessment

Flashcard

Mathematics

7th - 8th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is a discount?

Back

A discount is a reduction in the price of a product or service, usually expressed as a percentage of the original price.

2.

FLASHCARD QUESTION

Front

How do you calculate the amount of discount?

Back

To calculate the amount of discount, multiply the original price by the discount percentage (in decimal form). For example, for a 20% discount on a $50 item: $50 x 0.20 = $10 discount.

3.

FLASHCARD QUESTION

Front

What is the formula to find the sale price after a discount?

Back

Sale Price = Original Price - Discount Amount.

4.

FLASHCARD QUESTION

Front

If an item costs $100 and has a 15% discount, what is the discount amount?

Back

The discount amount is $15.

5.

FLASHCARD QUESTION

Front

If a shirt costs $40 and is on sale for 25% off, what is the sale price?

Back

The sale price is $30.

6.

FLASHCARD QUESTION

Front

What does it mean to round to the nearest cent?

Back

Rounding to the nearest cent means adjusting a monetary amount to the closest two decimal places.

7.

FLASHCARD QUESTION

Front

If you save $5 on a $50 item, what is the discount percentage?

Back

The discount percentage is 10%.

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