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Discounts, percents, markups

Discounts, percents, markups

Assessment

Flashcard

Mathematics

6th - 8th Grade

Practice Problem

Hard

CCSS
6.RP.A.3C, 6.RP.A.3B

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

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15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is a percent?

Back

A percent is a way to express a number as a fraction of 100. It is often used to compare ratios and express discounts, tax rates, and interest rates.

2.

FLASHCARD QUESTION

Front

How do you calculate the sales tax on an item?

Back

To calculate sales tax, multiply the price of the item by the sales tax rate (as a decimal). Add the sales tax to the original price to find the total cost.

Tags

CCSS.6.RP.A.3B

3.

FLASHCARD QUESTION

Front

What is a discount?

Back

A discount is a reduction in the original price of an item, usually expressed as a percentage. It lowers the amount you pay.

Tags

CCSS.6.RP.A.3C

4.

FLASHCARD QUESTION

Front

How do you calculate the sale price after a discount?

Back

To find the sale price, subtract the discount amount from the original price. The discount amount is calculated by multiplying the original price by the discount rate (as a decimal).

Tags

CCSS.6.RP.A.3B

5.

FLASHCARD QUESTION

Front

What is a markup?

Back

A markup is an increase in the original price of an item, usually expressed as a percentage. It is added to the cost price to determine the selling price.

Tags

CCSS.6.RP.A.3C

6.

FLASHCARD QUESTION

Front

How do you calculate the markup on an item?

Back

To calculate markup, multiply the cost price by the markup rate (as a decimal) and add that amount to the cost price.

Tags

CCSS.6.RP.A.3B

7.

FLASHCARD QUESTION

Front

If an item costs $50 and has a 20% discount, what is the sale price?

Back

The discount amount is $10 (20% of $50). The sale price is $40 ($50 - $10).

Tags

CCSS.6.RP.A.3C

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