
Percent Markup/ Percent Markdown
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is the decimal equivalent of 82%?
Back
0.82
2.
FLASHCARD QUESTION
Front
If an item costs $500 and has a 35% markup, what is the total cost after markup?
Back
$675
3.
FLASHCARD QUESTION
Front
If Sam bought a jacket for $85.00 with a 40% discount, how much did he pay?
Back
$51
4.
FLASHCARD QUESTION
Front
What is the term for an increase in price based on the original cost?
Back
Markup
5.
FLASHCARD QUESTION
Front
What is the term for a reduction in price from the original cost?
Back
Markdown
6.
FLASHCARD QUESTION
Front
How do you calculate a percentage of a number?
Back
Multiply the number by the percentage (as a decimal).
7.
FLASHCARD QUESTION
Front
What is 15% of $40?
Back
$6
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