discount, markdown practice

Front

What is a discount?

Back

A discount is a reduction in the original price of a product or service.

Front

How do you calculate the amount of discount?

Back

Multiply the original price by the discount percentage (in decimal form).

Front

What is the formula to find the sale price after a discount?

Back

Sale Price = Original Price - Discount Amount.

Front

If an item costs $50 and has a 20% discount, how much is the discount?

Back

$10.

Front

What is a markdown?

Back

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

Front

How do you find the percent discount?

Back

Percent Discount = (Discount Amount / Original Price) x 100.

Front

If a shirt originally costs $30 and is now $24, what is the percent discount?

Back

20%.

Front

What is the sale price of an item that costs $100 with a 15% discount?

Back

$85.

Front

If you save $5 on a $20 item, what is the percent discount?

Back

25%.

Front

What does it mean if an item is on sale?

Back

It means the item is being offered at a lower price than usual.