Percent Problems Flashcard 1
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is the formula to calculate the selling price after a markup?
Back
Selling Price = Cost Price + (Markup Percentage × Cost Price)
2.
FLASHCARD QUESTION
Front
If a product costs $9 and is marked up by 45%, what is the selling price?
Back
Selling Price = $9 + (0.45 × $9) = $13.05
3.
FLASHCARD QUESTION
Front
How do you calculate the total cost of an item after applying a discount and adding sales tax?
Back
Total Cost = (Original Price - Discount) + Sales Tax on Discounted Price
4.
FLASHCARD QUESTION
Front
What is the formula to calculate the amount of a tip based on the bill amount?
Back
Tip Amount = Bill Amount × Tip Percentage
5.
FLASHCARD QUESTION
Front
If a meal costs $75.50 and a 20% tip is given, how much is the tip?
Back
Tip = $75.50 × 0.20 = $15.10
6.
FLASHCARD QUESTION
Front
What is the total cost of a $75.99 scooter after a 15% discount and 7.5% sales tax?
Back
Total Cost = ($75.99 - (0.15 × $75.99)) + (Sales Tax on Discounted Price) = $69.43
7.
FLASHCARD QUESTION
Front
How do you calculate the commission earned on sales?
Back
Commission = Sales Amount × Commission Percentage
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