Math 7 1st & 2nd Flashcards

1
Q

What is a discount?

A

A reduction in the original price of a product or service.

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2
Q

What is the formula to calculate discount?

A

Discount = Original Price × Discount Rate.

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3
Q

If an item costs $100 and has a 20% discount, what is the discount amount?

A

$20.

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4
Q

What is a commission?

A

A fee paid to an agent or employee for services rendered, usually calculated as a percentage of sales.

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5
Q

What is the formula to calculate commission?

A

Commission = Total Sales × Commission Rate.

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6
Q

If a salesperson sells $1,000 worth of products with a 5% commission, how much do they earn?

A

$50.

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7
Q

True or False: A commission is always a fixed amount.

A

False.

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8
Q

What does the term ‘rate’ refer to in financial contexts?

A

The percentage used to calculate interest, commission, or discount.

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9
Q

What is a polygon?

A

A two-dimensional geometric figure with at least three straight sides and angles.

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10
Q

How many sides does a hexagon have?

A

Six sides.

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11
Q

What is the sum of the interior angles of a triangle?

A

180 degrees.

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12
Q

Fill in the blank: A polygon with four sides is called a ______.

A

Quadrilateral.

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13
Q

What is the formula for the area of a rectangle?

A

Area = Length × Width.

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14
Q

True or False: A square is a special type of rectangle.

A

True.

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15
Q

What is the formula for the perimeter of a polygon?

A

Perimeter = Sum of the lengths of all sides.

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16
Q

What shape has all sides equal and all angles equal?

A

A regular polygon.

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17
Q

If an item originally costs $50 and is now $40, what is the discount rate?

A

20%.

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18
Q

What is the formula for calculating the percentage rate of a discount?

A

Discount Rate = (Discount Amount / Original Price) × 100.

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19
Q

What is the term for the original price before any discount is applied?

A

List price or marked price.

20
Q

Fill in the blank: A commission of 10% on sales of $500 results in earnings of ______.

A

$50.

21
Q

What is the formula for the area of a triangle?

A

Area = 1/2 × Base × Height.

22
Q

How many sides does a pentagon have?

A

Five sides.

23
Q

True or False: The exterior angles of a polygon always sum up to 360 degrees.

A

True.

24
Q

What is the formula to find the discount price?

A

Discount Price = Original Price - Discount Amount.

25
Q

What is a regular polygon?

A

A polygon with all sides and angles equal.

26
Q

What is the area of a square with a side length of 4?

A

16 square units.

27
Q

What is the commission for selling $2,000 worth of products at a 7% commission rate?

A

$140.

28
Q

Fill in the blank: A discount of 25% on an item priced at $80 results in a final price of ______.

A

$60.

29
Q

What is the formula for calculating the total cost after a discount?

A

Total Cost = Original Price - (Original Price × Discount Rate).

30
Q

How many diagonals does a hexagon have?

A

9 diagonals.

31
Q

What is the area formula for a parallelogram?

A

Area = Base × Height.

32
Q

What is the term for the percentage of the total sales that a commission represents?

A

Commission Rate.

33
Q

True or False: The area of a circle can be calculated using the formula A = πr².

A

True.

34
Q

What is the formula for the circumference of a circle?

A

Circumference = 2πr.

35
Q

What is the relationship between the angles of a polygon and the number of sides it has?

A

The sum of the interior angles = (n - 2) × 180 degrees, where n is the number of sides.

36
Q

How do you calculate the rate of discount if the original price is $120 and the sale price is $90?

A

Rate = ((Original Price - Sale Price) / Original Price) × 100.

37
Q

Fill in the blank: A ______ is a three-dimensional shape with six rectangular faces.

A

Rectangular prism.

38
Q

What is the formula for calculating the area of a trapezoid?

A

Area = (Base1 + Base2) × Height / 2.

39
Q

What is the name given to a polygon with eight sides?

A

Octagon.

40
Q

True or False: In a commission structure, the more you sell, the less you earn.

A

False.

41
Q

What is a key characteristic of a scalene triangle?

A

All sides and angles are different.

42
Q

What does ‘net price’ refer to?

A

The price after all discounts have been applied.

43
Q

What is the formula for finding the area of a circle?

A

Area = πr².

44
Q

If a polygon has 10 sides, what is it called?

A

Decagon.

45
Q

Fill in the blank: The total sales amount multiplied by the commission rate gives the ______.

A

Commission amount.