Discounts and Markups

Discounts and 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 discount?

Back

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

Tags

CCSS.6.RP.A.3C

2.

FLASHCARD QUESTION

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). Formula: Discount Amount = Original Price × Discount Percentage.

Tags

CCSS.6.RP.A.3C

3.

FLASHCARD QUESTION

Front

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

Back

Selling Price = Original Price - Discount Amount.

Tags

CCSS.6.RP.A.3C

4.

FLASHCARD QUESTION

Front

If a toy originally costs $45 and is now on sale for $36, what is the discount amount?

Back

The discount amount is $9.

Tags

CCSS.6.RP.A.3C

5.

FLASHCARD QUESTION

Front

How do you calculate the discount percentage?

Back

Discount Percentage = (Discount Amount / Original Price) × 100.

6.

FLASHCARD QUESTION

Front

What is a markup?

Back

A markup is an increase in the original price of a product or service, usually expressed as a percentage.

Tags

CCSS.6.RP.A.3C

7.

FLASHCARD QUESTION

Front

How do you calculate the markup amount?

Back

To calculate the markup amount, multiply the original price by the markup percentage (in decimal form). Formula: Markup Amount = Original Price × Markup Percentage.

Tags

CCSS.6.RP.A.3C

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