Discounts and Markups Vocabulary

What does 'Discount' mean?

• When the price is much higher than the cost

• When the price is less than the suggested price

• An overpriced item

• Selling goods in huge amounts

Tags

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

What is 'Markup'?

• An amount based off of 100

• A bargain price

• A reduced price sale

• Price higher than the cost to the seller

Tags

CCSS.6.RP.A.3C

What does 'Wholesale' refer to?

• A sale to get rid of extra stock

• The usefulness of something

• Selling goods in large quantities for resale

• Buying one item and getting one at a discount

Tags

CCSS.L.8.6

CCSS.L.9-10.6

CCSS.W.7.2D

CCSS.W.8.2D

CCSS.W.9-10.2D

Define 'Rip-off'.

• An attractive price

• The act of buying goods

• An overpriced item

• A sale of goods at reduced prices

Tags

CCSS.L.5.4B

CCSS.L.6.1E

What is a 'Percent/Percentage'?

• An offer to buy an item and get another at a discount

• The process of calculating prices

• An amount that is a part of a whole based off of 100

• A type of discount

What does 'Deal' mean?

• An amount or proportion out of 100

• An overpriced item

• An attractive price; a bargain

• To work out by using arithmetic

Tags

CCSS.L.5.5C

What does 'Shop' mean?

• To give something in exchange for money

• A sale of goods at reduced prices

• To visit stores or websites to buy goods

• The importance of something

Tags

CCSS.L.5.5C

Define 'Value'.

• The act of selling goods

• The importance, worth, or usefulness of something

• An attractive price

• A sale to clear extra stock

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

What does it mean to 'Calculate'?

• To work out by using arithmetic

• To buy goods

• To offer for purchase

• To sell goods

Tags

CCSS.7.EE.B.3

What does 'For Sale' indicate?

• Offered for purchase

• A sale to get rid of stock

• Offered for purchase at a reduced price

• Buying one item and getting another at a discount

Tags

CCSS.L.5.5C