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Easy Discount and Markup Calculators for Kids: Find Sale Prices and Markup Magic!

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Bill

5/23/2023

Arithmetic

Math 7 | Discounts and Markups Notes

Easy Discount and Markup Calculators for Kids: Find Sale Prices and Markup Magic!

This guide explains how to calculate discounts and markups, as well as how to find original prices from discounted prices. It covers various scenarios and provides step-by-step instructions with examples.

Key points:

  • Discounts reduce the original price by a percentage
  • Markups increase the wholesale price by a percentage
  • Finding original prices involves working backwards from the sale price and discount percentage
  • The guide includes examples of calculating discounts, markups, and original prices
  • Tax calculations are also briefly covered
...

5/23/2023

74

J
Discounts and Markups
discount
= how much
To find the sale price:
1. find the discount discount = %.
original price
2. Subtract the discou

View

Finding the Original Price

This page focuses on reverse calculations, teaching how to find the original price of an item when given the sale price and discount percentage. It also covers scenarios involving taxes.

To find the original price from a discounted price:

  1. Determine the percentage of the original price that the sale price represents (100% - discount percentage).
  2. Divide the sale price by this percentage.

Example: For a sale price of $66 with a 30% discount:

  • Sale price represents 70% of the original price (100% - 30%)
  • Original price: $66 ÷ 70% = $94.29

The page provides several examples of finding original price after discount calculations, including:

  • Original price of $40 with a 45% discount resulting in a $22 sale price
  • Finding the original price when given a $70 sale price and 30% discount
  • Calculating the original price from a $163.20 sale price and 38% discount

Highlight: These examples demonstrate the practical application of the original price formula and how to use a reverse markup calculator.

The page also touches on tax calculations:

Example: For an item with an original price of $48, a 20% discount, and 9% tax:

  • Discounted price: $48 × (1 - 20%) = $38.40
  • Tax amount: $38.40 × 9% = $3.46
  • Total price: $38.40 + $3.46 = $41.86

This comprehensive guide provides students with the tools to perform various pricing calculations, from basic discounts and markups to more complex scenarios involving finding original prices and accounting for taxes.

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Arithmetic

74

May 23, 2023

2 pages

Easy Discount and Markup Calculators for Kids: Find Sale Prices and Markup Magic!

This guide explains how to calculate discounts and markups, as well as how to find original prices from discounted prices. It covers various scenarios and provides step-by-step instructions with examples.

Key points:

  • Discounts reduce the original price by a percentage... Show more
J
Discounts and Markups
discount
= how much
To find the sale price:
1. find the discount discount = %.
original price
2. Subtract the discou

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Finding the Original Price

This page focuses on reverse calculations, teaching how to find the original price of an item when given the sale price and discount percentage. It also covers scenarios involving taxes.

To find the original price from a discounted price:

  1. Determine the percentage of the original price that the sale price represents (100% - discount percentage).
  2. Divide the sale price by this percentage.

Example: For a sale price of $66 with a 30% discount:

  • Sale price represents 70% of the original price (100% - 30%)
  • Original price: $66 ÷ 70% = $94.29

The page provides several examples of finding original price after discount calculations, including:

  • Original price of $40 with a 45% discount resulting in a $22 sale price
  • Finding the original price when given a $70 sale price and 30% discount
  • Calculating the original price from a $163.20 sale price and 38% discount

Highlight: These examples demonstrate the practical application of the original price formula and how to use a reverse markup calculator.

The page also touches on tax calculations:

Example: For an item with an original price of $48, a 20% discount, and 9% tax:

  • Discounted price: $48 × (1 - 20%) = $38.40
  • Tax amount: $38.40 × 9% = $3.46
  • Total price: $38.40 + $3.46 = $41.86

This comprehensive guide provides students with the tools to perform various pricing calculations, from basic discounts and markups to more complex scenarios involving finding original prices and accounting for taxes.

J
Discounts and Markups
discount
= how much
To find the sale price:
1. find the discount discount = %.
original price
2. Subtract the discou

Sign up to see the contentIt's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Discounts and Markups

This page introduces the concepts of discounts and markups in pricing calculations. It provides formulas and examples for calculating sale prices with discounts and retail prices with markups.

Definition: A discount is the amount subtracted from an item's original price.

To calculate the sale price with a discount:

  1. Calculate the discount amount by multiplying the original price by the discount percentage.
  2. Subtract the discount amount from the original price.

Example: For an item with an original price of $60 and a 25% discount:

  • Discount amount: $60 × 25% = $15
  • Sale price: $60 - $15 = $45

Definition: A markup is the amount added to an item's wholesale price to determine the retail price.

To calculate the retail price with a markup:

  1. Calculate the markup amount by multiplying the wholesale price by the markup percentage.
  2. Add the markup amount to the wholesale price.

Example: For an item with a wholesale price of $10 and a 150% markup:

  • Markup amount: $10 × 150% = $15
  • Retail price: $10 + $15 = $25

The page also includes additional examples of discount and markup calculations, demonstrating how to apply these concepts to various pricing scenarios.

Highlight: Understanding these basic calculations is crucial for how to calculate sale price with discount online and how to calculate selling price using markup percentage.

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Paul T

iOS user

The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.

Stefan S

iOS user

This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

Android user

Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

I think it’s very much worth it and you’ll end up using it a lot once you get the hang of it and even after looking at others notes you can still ask your Artificial intelligence buddy the question and ask to simplify it if you still don’t get it!!! In the end I think it’s worth it 😊👍 ⚠️Also DID I MENTION ITS FREEE YOU DON’T HAVE TO PAY FOR ANYTHING AND STILL GET YOUR GRADES IN PERFECTLY❗️❗️⚠️

Thomas R

iOS user

Knowunity is the BEST app I’ve used in a minute. This is not an ai review or anything this is genuinely coming from a 7th grade student (I know 2011 im young) but dude this app is a 10/10 i have maintained a 3.8 gpa and have plenty of time for gaming. I love it and my mom is just happy I got good grades

Brad T

Android user

Not only did it help me find the answer but it also showed me alternative ways to solve it. I was horrible in math and science but now I have an a in both subjects. Thanks for the help🤍🤍

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

I found this app a couple years ago and it has only gotten better since then. I really love it because it can help with written questions and photo questions. Also, it can find study guides that other people have made as well as flashcard sets and practice tests. The free version is also amazing for students who might not be able to afford it. Would 100% recommend

Aubrey

iOS user

Best app if you're in Highschool or Junior high. I have been using this app for 2 school years and it's the best, it's good if you don't have anyone to help you with school work.😋🩷🎀

Marco B

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This app is phenomenal down to the correct info and the various topics you can study! I greatly recommend it for people who struggle with procrastination and those who need homework help. It has been perfectly accurate for world 1 history as far as I’ve seen! Geometry too!

Paul T

iOS user