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Percent Discount and Markup

Percent Discount and Markup

Assessment

Flashcard

Mathematics

7th Grade

Practice Problem

Hard

CCSS
6.RP.A.3C, 6.RP.A.3B

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 percent discount?

Back

A percent discount is a reduction from the original price of an item, expressed as a percentage of the original price.

Tags

CCSS.6.RP.A.3C

2.

FLASHCARD QUESTION

Front

How do you calculate the percent discount?

Back

Percent Discount = (Original Price - Sale Price) / Original Price x 100%.

Tags

CCSS.6.RP.A.3C

3.

FLASHCARD QUESTION

Front

If an item originally costs $500 and is sold for $175, what is the percent discount?

Back

65%.

Tags

CCSS.6.RP.A.3C

4.

FLASHCARD QUESTION

Front

What is markup in pricing?

Back

Markup is the amount added to the cost price of goods to cover overhead and profit, expressed as a percentage of the cost price.

Tags

CCSS.6.RP.A.3C

5.

FLASHCARD QUESTION

Front

How do you calculate the sale price after markup?

Back

Sale Price = Cost Price + (Cost Price x Markup Percentage).

Tags

CCSS.6.RP.A.3C

6.

FLASHCARD QUESTION

Front

If a store pays $32 for a video game and marks it up by 75%, what is the sale price?

Back

$56.00.

Tags

CCSS.6.RP.A.3C

7.

FLASHCARD QUESTION

Front

What is the formula to find the sale price after a discount?

Back

Sale Price = Original Price - (Original Price x Discount Percentage).

Tags

CCSS.6.RP.A.3C

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