FoM1 Topic 4 Review

Front

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

Back

Tip = Total Cost x (Tip Percentage / 100)

Front

How do you calculate the sale price of an item after a discount?

Back

Sale Price = Original Price - (Original Price x (Discount Percentage / 100))

Front

What is the formula to calculate sales tax on a purchase?

Back

Sales Tax = Purchase Price x (Sales Tax Rate / 100)