12 10 Do now Multi- Step Percent Problems 7.RP.3

Front

What is a percent rebate?

Back

A percent rebate is a percentage of the purchase price that is returned to the buyer after the purchase is made. For example, a 15% rebate on a $100 purchase means the buyer gets $15 back.

Front

How do you calculate the savings from a coupon?

Back

To calculate savings from a coupon, subtract the coupon value from the original price. For example, if an item costs $299 and you have a $40 coupon, the savings is $40.

Front

What is the formula for percent decrease?

Back

Percent decrease = ((Original Price - Sale Price) / Original Price) x 100.

Front

How do you find the total price after a markup?

Back

Total Price = Cost Price + (Markup Percentage x Cost Price). For example, if an item costs $4.25 and has a 30% markup, the total price is $4.25 + (0.30 x $4.25) = $5.53.

Front

What is simple interest?

Back

Simple interest is calculated using the formula: Interest = Principal x Rate x Time. It is the interest earned or paid on the original principal amount.

Front

How do you calculate the percent of a number?

Back

To calculate the percent of a number, multiply the number by the percent (as a decimal). For example, to find 15% of 200, calculate 200 x 0.15 = 30.

Front

What is the difference between a sale price and a regular price?

Back

The sale price is the reduced price of an item during a sale, while the regular price is the original price before any discounts or promotions.

Front

How do you determine which incentive is better?

Back

To determine which incentive is better, compare the total savings from each option. The option with the higher savings is the better incentive.

Front

What does it mean to have a 15% instant rebate?

Back

A 15% instant rebate means that 15% of the purchase price is deducted immediately at the time of purchase.

Front

How do you calculate the total savings from multiple incentives?

Back

Add the savings from each incentive to find the total savings. For example, if one incentive saves $20 and another saves $10, the total savings is $20 + $10 = $30.