Ch. 6.6 - Homework 2 - Discounts and Markups

Front

What is a discount?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the sale price after a discount?

Back

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

Tags

CCSS.6.RP.A.3C

Front

What is a markup?

Back

A markup is an increase in the original cost of a product or service, usually expressed as a percentage.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the selling price with a markup?

Back

Selling Price = Cost Price + (Cost Price × Markup Percentage)

Tags

CCSS.6.RP.A.3C

Front

If a necklace costs $112 and has a 32% discount, what is the sale price?

Back

$76.16

Tags

CCSS.6.RP.A.3C

Front

If an item originally costs $30 and has a 10% discount, what is the sale price?

Back

$27

Tags

CCSS.6.RP.A.3C

Front

What is the relationship between selling price and markup?

Back

The selling price is the final price after adding the markup to the cost price.

Tags

CCSS.6.RP.A.3B

Front

What is the relationship between sale price and discount?

Back

The sale price is the final price after subtracting the discount from the original price.

Tags

CCSS.6.RP.A.3C

Front

If a store has a cost of $140 and applies a 25% markup, what is the selling price?

Back

$175

Tags

CCSS.6.RP.A.3C

Front

What does a 10% discount mean?

Back

A 10% discount means that the price is reduced by 10% of the original price.

Tags

CCSS.6.RP.A.3C