Discounts and Markdowns
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
+1
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the price of a product or service, usually expressed as a percentage of the original price.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Original Price x Discount Percentage)
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
If an item costs $50 and has a 20% discount, what is the discount amount?
Back
Discount Amount = $50 x 0.20 = $10.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
What is a markdown?
Back
A markdown is a permanent reduction in the original selling price of a product.
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
If a shirt originally costs $30 and is marked down to $24, what is the markdown amount?
Back
Markdown Amount = Original Price - Sale Price = $30 - $24 = $6.
Tags
CCSS.7.NS.A.1D
6.
FLASHCARD QUESTION
Front
What is the final price of an item after applying a 15% discount on a $40 item?
Back
Final Price = $40 - ($40 x 0.15) = $34.
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
How do you express a discount as a fraction?
Back
A discount can be expressed as a fraction by dividing the discount amount by the original price.
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