Discounts Flashcard

Front

What is a discount?

Back

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

Front

How do you calculate the discount amount?

Back

To calculate the discount amount, multiply the original price by the discount percentage (in decimal form). For example, for a 20% discount on $80: $80 x 0.20 = $16.

Front

If an item costs $100 and has a 25% discount, what is the discount amount?

Back

$25.

Front

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

Back

Sale Price = Original Price - Discount Amount.

Front

If a shirt originally costs $40 and is on sale for $30, what is the discount percentage?

Back

The discount percentage is 25%.

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100. For example, 20% becomes 0.20.

Front

What is the original price if the sale price is $80 after a 20% discount?

Back

The original price is $100.

Front

If a product is priced at $200 and has a 15% discount, what is the final price?

Back

The final price is $170.

Front

What does it mean to have a coupon for a discount?

Back

A coupon for a discount is a voucher that allows the holder to receive a specified reduction in price when purchasing a product or service.

Front

If a store offers a 30% discount on all items, how much would you save on a $50 item?

Back

You would save $15.