Unit 6 Review

Front

What is the formula to calculate the percent discount?

Back

Percent Discount = (Original Price - Sale Price) / Original Price * 100

Front

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

Back

65%

Front

What does it mean when a discount is applied to a price?

Back

A discount is subtracted from the original price.

Front

How do you calculate the amount of a discount?

Back

Discount Amount = Original Price * (Discount Rate / 100)

Front

If a product is originally priced at $55 and is on sale for 25% off, how much is the discount?

Back

$13.75

Front

What is the interest earned on a $300 investment at a 4% interest rate after one year?

Back

$12

Front

How do you find the original price of an item after a discount?

Back

Original Price = Sale Price / (1 - Discount Rate)