Discounts and Markdowns
Flashcard
•
Mathematics
•
7th Grade
•
Hard
Standards-aligned
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the price of a product or service, usually expressed as a percentage of the original price.
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Original Price x Discount Percentage)
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
If a product costs $50 and has a 10% discount, what is the sale price?
Back
Sale Price = $50 - ($50 x 0.10) = $45
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
What is a markdown?
Back
A markdown is a permanent reduction in the original selling price of a product.
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
How do you find the percentage of a discount?
Back
Percentage of Discount = (Discount Amount / Original Price) x 100
6.
FLASHCARD QUESTION
Front
If a shirt originally costs $40 and is marked down to $30, what is the markdown amount?
Back
Markdown Amount = Original Price - Sale Price = $40 - $30 = $10
Tags
CCSS.7.NS.A.1D
7.
FLASHCARD QUESTION
Front
What is the final sale price of an item that costs $100 with a 25% discount?
Back
Final Sale Price = $100 - ($100 x 0.25) = $75
Tags
CCSS.6.RP.A.3C
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