Topic Flashcard Percents

Front

Calculate the percent change from $323 to $542.

Back

67.8% increase

Front

What is the term for a reduction in price, such as when Julie spends $100 and everything is 40% off?

Back

Markdown

Front

Convert 18 months to years.

Back

1.5 Years

Front

Calculate the percent change from 73 feet to 79 feet.

Back

8.2% increase

Front

In the simple interest formula I=Prt, what does 't' represent?

Back

Time, in years

Front

What is the formula to calculate percent change?

Back

Percent Change = (New Value - Old Value) / Old Value * 100

Front

If a shirt originally costs $50 and is marked down by 20%, what is the sale price?

Back

$40

Front

What is the definition of 'percent'?

Back

A percent is a ratio expressed as a fraction of 100.

Front

How do you calculate a 10% tip on a $60 meal?

Back

$6

Front

What is the difference between markup and markdown?

Back

Markup is an increase in price, while markdown is a decrease in price.