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  5. Discount, Tax, Tip And Commission
Discount, Tax, Tip and Commission

Discount, Tax, Tip and Commission

Assessment

Flashcard

•

Mathematics

•

7th Grade

•

Practice Problem

•

Hard

•
CCSS
6.RP.A.3C, 5.NBT.A.4, 6.RP.A.3B

+1

Standards-aligned

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is the formula to calculate the final cost of an item after applying a discount and sales tax?

Back

Final Cost = (Original Price - Discount) + Sales Tax

Tags

CCSS.6.RP.A.3C

2.

FLASHCARD QUESTION

Front

How do you calculate the discount amount on an item?

Back

Discount Amount = Original Price x Discount Rate

Tags

CCSS.6.RP.A.3C

3.

FLASHCARD QUESTION

Front

What is the sales tax and how is it calculated?

Back

Sales tax is a percentage of the purchase price that is added to the total cost. It is calculated as Sales Tax = Purchase Price x Sales Tax Rate.

Tags

CCSS.6.RP.A.3C

4.

FLASHCARD QUESTION

Front

If an item is on sale for 25% off, how do you find the sale price?

Back

Sale Price = Original Price - (Original Price x Discount Rate)

Tags

CCSS.6.RP.A.3C

5.

FLASHCARD QUESTION

Front

What does it mean to tip a percentage of the total cost?

Back

Tipping a percentage means calculating the tip based on a percentage of the total bill, usually for services rendered.

Tags

CCSS.6.RP.A.3C

6.

FLASHCARD QUESTION

Front

How do you calculate the total cost after adding a tip?

Back

Total Cost = Original Cost + Tip Amount, where Tip Amount = Original Cost x Tip Percentage.

Tags

CCSS.6.RP.A.3C

7.

FLASHCARD QUESTION

Front

What is a coupon and how does it affect the price of an item?

Back

A coupon is a discount offer that reduces the price of an item. It is applied to the original price before calculating the final cost.

Tags

CCSS.6.RP.A.3C

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