Discounts and Markdowns

Discounts and Markdowns

Assessment

Flashcard

Mathematics

7th Grade

Practice Problem

Hard

CCSS
6.RP.A.3C, 7.NS.A.1D, L.5.5C

+1

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

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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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