ML FBLA Financial Literacy - Discounts and Percentages

What is the formula to calculate the discount amount?

• Discount = Original Price × Percentage

• Discount = Original Price ÷ Percentage

• Discount = Percentage ÷ Original Price

• Discount = Original Price - Percentage

A jacket originally costs $80, and it is on sale for 25% off. What is the discount amount?

• $10

• $15

• $20

• $25

If an item costs $120 and there is a 10% discount, what is the final price after the discount?

• $100

• $110

• $120

• $130

What is 50% of $200?

• $50

• $100

• $150

• $200

A pair of shoes is regularly priced at $50. The store is offering a 20% discount. What is the sale price?

• $40

• $45

• $50

• $60

If a store offers a 15% discount on an item that costs $60, what is the new price?

• $45

• $50

• $55

• $60

An item is on sale for 30% off its original price. If the original price is $150, what is the sale price?

• $100

• $105

• $110

• $120

If a store offers a 10% discount on a $200 purchase, how much is the discount?

• $10

• $15

• $20

• $25

You buy a $60 shirt with a 25% off coupon. How much will you pay for the shirt?

• $35

• $40

• $45

• $50

If an item originally costs $300 and is on sale for 20% off, what is the discount amount?

• $50

• $60

• $70

• $80