Discount, markdown practice

Front

What is a discount?

Back

A discount is a reduction in the original price of a product or service, often expressed as a percentage.

Front

How do you calculate the amount saved from a discount?

Back

To calculate the amount saved, multiply the original price by the discount percentage (in decimal form).

Front

If an item costs $50 and has a 20% discount, how much do you save?

Back

You save $10.

Front

What is the sale price after applying a discount?

Back

Sale Price = Original Price - Amount Saved.

Front

If a shirt originally costs $30 and is on sale for $24, what is the discount percentage?

Back

The discount percentage is 20%.

Front

How do you convert a percentage discount to a decimal?

Back

Divide the percentage by 100.

Front

What is a markdown?

Back

A markdown is a permanent reduction in the original selling price of a product.

Front

If a product is marked down from $80 to $60, what is the markdown amount?

Back

The markdown amount is $20.

Front

How do you find the original price after a discount?

Back

Original Price = Sale Price / (1 - Discount Percentage).

Front

If a laptop costs $600 and is discounted by 15%, what is the sale price?

Back

The sale price is $510.