Understanding Percent Discount

Understanding Percent Discount

Assessment

Interactive Video

Mathematics, Business

6th - 8th Grade

Hard

Created by

Amelia Wright

FREE Resource

The video tutorial explains how to calculate the percent discount on a TV originally priced at $860 and sold for $550.40. It covers the steps to find the discount amount by subtracting the selling price from the cost price and then calculating the percent discount by dividing the discount by the cost price and multiplying by 100. The tutorial emphasizes the importance of using the cost price as the base for percent discount calculations.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main topic introduced in the video?

Exploring profit margins

Learning about taxes

Understanding percent discount

Calculating interest rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the original cost price of the TV mentioned in the problem?

$1,000.00

$309.60

$860.00

$550.40

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the discount amount calculated?

By adding the cost price and selling price

By subtracting the selling price from the cost price

By multiplying the cost price by the selling price

By dividing the selling price by the cost price

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the discount amount for the TV?

$860.00

$309.60

$36.00

$550.40

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

On what basis is the percent discount calculated?

Selling price

Market price

Discount amount

Cost price

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What formula is used to calculate the percent discount?

Discount amount divided by selling price times 100

Discount amount divided by cost price times 100

Selling price divided by discount amount times 100

Cost price divided by discount amount times 100

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the percent discount on the TV?

25%

30%

36%

40%

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