Unit 4, Lesson 16
Flashcard
•
Mathematics
•
7th - 8th Grade
•
Practice Problem
•
Hard
Standards-aligned
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14 questions
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1.
FLASHCARD QUESTION
Front
What is markup?
Back
Markup is the amount added to the cost price of a product to determine its selling price, usually expressed as a percentage of the cost price.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the retail price after markup?
Back
Retail Price = Cost Price + (Markup Percentage × Cost Price)
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
What is the formula to calculate sales tax?
Back
Total Price = Price + (Tax Rate × Price)
Tags
CCSS.6.RP.A.3B
4.
FLASHCARD QUESTION
Front
How do you calculate the total cost including tax?
Back
Total Cost = Price + Sales Tax
Tags
CCSS.6.RP.A.3D
5.
FLASHCARD QUESTION
Front
What does a discount mean?
Back
A discount is a reduction in the original price of a product, usually expressed as a percentage.
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
How do you calculate the new price after a discount?
Back
New Price = Original Price - (Discount Percentage × Original Price)
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
What is a tip?
Back
A tip is a small amount of money given to someone for their service, often calculated as a percentage of the total bill.
Tags
CCSS.6.RP.A.3C
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