Mark up, Mark down, Discounts

Front

Discount is ____________ from the price.

Back

subtracted

Front

A pair of boots are $94.99. They are 25% off. What is the sale price?

Back

$71.24

Front

Mrs. Lindenberger is buying groceries totaling $35.50. Sales tax is 4.5%. How much will she pay?

Back

$37.10

Front

How do you find the SALE PRICE?

Back

original price - discount

Front

The original price of a pair of shoes is $29.99 and there is a markdown of 10%. What is the sale amount?

Back

$27

Front

What does 'markup' mean in pricing?

Back

Markup is the amount added to the cost price to determine the selling price.

Front

If an item costs $50 and has a 20% markup, what is the selling price?

Back

$60

Front

What is a 'markdown'?

Back

A markdown is a reduction in the original selling price.

Front

If a shirt originally costs $40 and is marked down by 15%, what is the new price?

Back

$34

Front

What is the formula to calculate the discount amount?

Back

Discount Amount = Original Price x Discount Rate.