Tax & Tip

Tax & Tip

Assessment

Flashcard

Mathematics

7th Grade

Easy

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15 questions

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1.

FLASHCARD QUESTION

Front

What is the formula to calculate a tip based on a percentage?

Back

Tip = Total Bill Amount x (Tip Percentage / 100)

2.

FLASHCARD QUESTION

Front

If a dinner bill is $50 and you want to leave a 20% tip, how much would the tip be?

Back

$10

3.

FLASHCARD QUESTION

Front

What is the total amount to be paid if the dinner bill is $40 and a 15% tip is added?

Back

Total Amount = $40 + ($40 x 0.15) = $46

4.

FLASHCARD QUESTION

Front

How do you convert a percentage to a decimal for calculations?

Back

Divide the percentage by 100 (e.g., 15% = 0.15).

5.

FLASHCARD QUESTION

Front

What is the importance of tipping in the service industry?

Back

Tipping is a way to show appreciation for good service and is often a significant part of a server's income.

6.

FLASHCARD QUESTION

Front

If a meal costs $80 and the customer leaves a 10% tip, what is the total cost of the meal including tip?

Back

Total Cost = $80 + ($80 x 0.10) = $88

7.

FLASHCARD QUESTION

Front

What is the average tip percentage in restaurants in the United States?

Back

The average tip percentage is typically between 15% to 20%.

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