What is a discount?
discount, markdown practice

Flashcard
•
Mathematics
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
A discount is a reduction in the original price of a product or service.
2.
FLASHCARD QUESTION
Front
How do you calculate the amount of discount?
Back
Multiply the original price by the discount percentage (in decimal form).
3.
FLASHCARD QUESTION
Front
What is the formula to find the sale price after a discount?
Back
Sale Price = Original Price - Discount Amount.
4.
FLASHCARD QUESTION
Front
If an item costs $50 and has a 20% discount, how much is the discount?
Back
$10.
5.
FLASHCARD QUESTION
Front
What is a markdown?
Back
A markdown is a permanent reduction in the original selling price of a product.
6.
FLASHCARD QUESTION
Front
How do you find the percent discount?
Back
Percent Discount = (Discount Amount / Original Price) x 100.
7.
FLASHCARD QUESTION
Front
If a shirt originally costs $30 and is now $24, what is the percent discount?
Back
20%.
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