5.3 Coupons Flashcardizz

Front

What is a coupon?

Back

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

Front

How do you calculate the final cost after using a coupon?

Back

Final Cost = Marked Price - Coupon Value.

Front

If an orange juice is priced at $2.19 and you have a coupon for 25¢, what is the final cost?

Back

$1.94.

Front

Where can you typically find coupons?

Back

Coupons can often be found in newspapers.

Front

What does a discounted price indicate?

Back

A discounted price indicates that the price has decreased.

Front

What is the primary benefit of using coupons?

Back

The primary benefit of using coupons is that they save you money.

Front

If cereal is priced at $3.49 and you have a coupon for 15¢, what is the final cost?

Back

$3.34.

Front

What is the difference between marked price and final price?

Back

Marked price is the original price before discounts; final price is the price after applying discounts.

Front

What does it mean if a coupon is expired?

Back

An expired coupon can no longer be used to receive a discount.

Front

Can coupons be used on sale items?

Back

Yes, coupons can often be used on sale items unless specified otherwise.