Sales/Rebates/Coupons

Front

What is a discount?

Back

A discount is a reduction in the original price of a product or service.

Front

How do you calculate the sale price after a discount?

Back

Sale Price = Original Price - (Original Price x Discount Percentage)

Front

If an item costs $50 and has a 20% discount, what is the discount amount?

Back

Discount Amount = $50 x 0.20 = $10.

Front

What does it mean when a price is marked down?

Back

Marked down means the price has been reduced from its original price.

Front

What is a coupon?

Back

A coupon is a voucher that provides a discount on a specific product or service.

Front

How do sales tax and discounts affect the final price?

Back

Sales tax is added to the sale price after discounts are applied, increasing the final cost.

Front

If a shirt originally costs $30 and is on sale for 25% off, what is the sale price?

Back

Sale Price = $30 - ($30 x 0.25) = $22.50.

Front

What is the total cost of an item after applying a 10% sales tax on a $20 item?

Back

Total Cost = $20 + ($20 x 0.10) = $22.

Front

What is the difference between a rebate and a discount?

Back

A rebate is a partial refund after purchase, while a discount is a reduction at the time of purchase.

Front

If a pair of shoes costs $80 and has a 15% discount, how much do you save?

Back

Savings = $80 x 0.15 = $12.