Percent Applications

Front

What is the formula to calculate the total cost of an item including sales tax?

Back

Total Cost = Item Price + (Item Price * Sales Tax Rate)

Front

How do you calculate the commission earned from a sale?

Back

Commission = Sale Amount * Commission Rate

Front

What is the formula to calculate a tip based on a service bill?

Back

Tip = Service Bill Amount * Tip Percentage

Front

If a bill is $50 and you want to leave a 20% tip, how much is the total bill including the tip?

Back

Total Bill = Bill Amount + (Bill Amount * Tip Percentage) = $50 + ($50 * 0.20) = $60

Front

What is the total cost of an item priced at $20 with a 5% sales tax?

Back

Total Cost = $20 + ($20 * 0.05) = $21

Front

How do you calculate the total cost of multiple items with sales tax?

Back

Total Cost = (Sum of Item Prices) + ((Sum of Item Prices) * Sales Tax Rate)

Front

If you earn $500 and your commission rate is 10%, how much do you earn in commission?

Back

Commission = $500 * 0.10 = $50

Front

What is the total cost of a $15 meal with a 10% tip?

Back

Total Cost = $15 + ($15 * 0.10) = $16.50

Front

How do you calculate the total cost of an item with multiple quantities and sales tax?

Back

Total Cost = (Price per Item * Quantity) + ((Price per Item * Quantity) * Sales Tax Rate)

Front

If a product costs $10 and has a 7% sales tax, what is the total cost?

Back

Total Cost = $10 + ($10 * 0.07) = $10.70