Percent of a Number

Front

What is a percent?

Back

A percent is a ratio expressed as a fraction of 100. It represents a part of a whole.

Front

How do you calculate the percent of a number?

Back

To calculate the percent of a number, multiply the number by the percent (in decimal form). For example, to find 20% of 50, calculate 50 x 0.20 = 10.

Front

What does 'discount' mean?

Back

A discount is a reduction in the price of an item, often expressed as a percentage.

Front

How do you find the sale price after a discount?

Back

To find the sale price, subtract the discount amount from the original price. Sale Price = Original Price - Discount Amount.

Front

What is sales tax?

Back

Sales tax is a percentage added to the price of goods and services, collected by the seller and paid to the government.

Front

How do you calculate the total cost including sales tax?

Back

To calculate the total cost including sales tax, multiply the original price by the sales tax rate (in decimal form) and add it to the original price. Total Cost = Original Price + (Original Price x Sales Tax Rate).

Front

If an item costs $100 and is 25% off, what is the discount amount?

Back

The discount amount is $25. (100 x 0.25 = 25)

Front

If a pair of shoes costs $80 and there is a 10% sales tax, what is the final cost?

Back

The final cost is $88. (80 + (80 x 0.10) = 88)

Front

What is the formula to find the final price after applying a discount and adding sales tax?

Back

Final Price = (Original Price - Discount) + Sales Tax.

Front

What does 'rounding to the nearest cent' mean?

Back

Rounding to the nearest cent means adjusting a number to the closest value that has two decimal places, typically used in currency.