What is a discount?
Coupons and discounts

Flashcard
•
Mathematics
•
10th - 12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
A reduction in the price of a product or service.
2.
FLASHCARD QUESTION
Front
How do you calculate the final price after a discount?
Back
Final Price = Original Price - (Discount Percentage × Original Price)
3.
FLASHCARD QUESTION
Front
What is sales tax?
Back
A percentage added to the price of goods and services, collected by the seller.
4.
FLASHCARD QUESTION
Front
How do you calculate sales tax?
Back
Sales Tax = Price of Item × Sales Tax Rate.
5.
FLASHCARD QUESTION
Front
What does 'buy one get one half off' mean?
Back
When you buy one item at full price, you get a second item for half the price.
6.
FLASHCARD QUESTION
Front
If an item costs $100 and has a 20% discount, what is the discount amount?
Back
Discount Amount = 20% of $100 = $20.
7.
FLASHCARD QUESTION
Front
What is the sales price?
Back
The price that the buyer actually pays for an item after discounts and taxes.
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