What is a discount?
The Flower Shop

Flashcard
•
Mathematics
•
7th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
A discount is a reduction in the price of a product or service, often expressed as a percentage of the original price.
2.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Original Price × Discount Rate)
3.
FLASHCARD QUESTION
Front
What is sales tax?
Back
Sales tax is a percentage of the sale price that is added to the total cost of a purchase, collected by the seller.
4.
FLASHCARD QUESTION
Front
How do you calculate the total cost including sales tax?
Back
Total Cost = Sale Price + (Sale Price × Sales Tax Rate)
5.
FLASHCARD QUESTION
Front
What is the formula to find the total cost after applying a discount and sales tax?
Back
Total Cost = (Original Price - (Original Price × Discount Rate)) + ((Original Price - (Original Price × Discount Rate)) × Sales Tax Rate)
6.
FLASHCARD QUESTION
Front
If a bouquet costs $15 and is on sale for 25% off, what is the sale price?
Back
Sale Price = $15 - ($15 × 0.25) = $11.25
7.
FLASHCARD QUESTION
Front
If roses cost $30 and there is a 6% sales tax, what is the total cost?
Back
Total Cost = $30 + ($30 × 0.06) = $31.80
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