Discount

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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