Percents Markup and Markdown

Front

Discount is ____________ from the price.

Back

subtracted

Front

What is 82% as a decimal?

Back

0.82

Front

Compares a number to 100.

Back

Percent

Front

When a price is increased, it is called a ____________.

Back

Markup

Front

During a back-to-school sale, a store sold jeans at a 25% discount. If one pair of jeans originally cost $35, what was its price during the sale?

Back

$26.25

Front

What is the formula to calculate the percent of a number?

Back

(Part/Whole) x 100

Front

If a shirt costs $40 and is marked up by 20%, what is the new price?

Back

$48

Front

What does a markdown mean in retail?

Back

A reduction in the original selling price.

Front

How do you convert a decimal to a percent?

Back

Multiply the decimal by 100.

Front

What is a markup?

Back

An increase in the price of an item.