What is a discount?
discount, markdown practice

Flashcard
•
Mathematics
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
A discount is a reduction in the original price of a product or service, often expressed as a percentage.
2.
FLASHCARD QUESTION
Front
How do you calculate the percent discount?
Back
Percent Discount = (Original Price - Sale Price) / Original Price x 100.
3.
FLASHCARD QUESTION
Front
If an item costs $40 and is on sale for $30, what is the percent discount?
Back
25%.
4.
FLASHCARD QUESTION
Front
What is a markdown?
Back
A markdown is a permanent reduction in the original selling price of a product.
5.
FLASHCARD QUESTION
Front
If a shirt originally costs $27 and is 25% off, how much do you pay?
Back
You pay $20.25.
6.
FLASHCARD QUESTION
Front
How much do you save with a 20% coupon on a $78.99 jacket?
Back
You save $15.80.
7.
FLASHCARD QUESTION
Front
If you receive 25% off an item costing $22.00, how much do you save?
Back
You save $5.50.
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