Percents Markup and Markdown

Front

Discount is ____________ from the price.

Back

subtracted

Front

What is 82% as a decimal?

Back

0.82

Front

During a back-to-school sale, a store sold jeans at a 25% discount. If one pair of jeans originally cost $35, what was its price during the sale?

Back

$26.25

Front

A grocery store has a 20% markup on a bottle of soda. The bottle of soda costs the store $1.25. Find the selling price.

Back

$1.50

Front

A type of percent increase is called _____________.

Back

Markup

Front

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

Back

Selling Price = Original Price - (Discount Percentage × Original Price)

Front

If an item is marked up by 15%, what is the formula to find the new price?

Back

New Price = Original Price + (Markup Percentage × Original Price)

Front

What does a markdown refer to in pricing?

Back

A reduction in the original selling price.

Front

How do you convert a percentage to a decimal?

Back

Divide the percentage by 100.

Front

If a shirt originally costs $40 and is on sale for 30% off, what is the sale price?

Back

$28.00