Finding Tip & Discount

Front

What is a discount?

Back

A discount is a reduction in the price of a product or service, usually expressed as a percentage of the original price.

Front

How do you calculate the final cost after a discount?

Back

Final Cost = Original Price - (Original Price x Discount Percentage)

Front

What is sales tax?

Back

Sales tax is a percentage added to the price of goods and services, collected by the seller and paid to the government.

Front

How do you calculate the total cost including tax?

Back

Total Cost = Original Price + (Original Price x Sales Tax Percentage)

Front

If a shirt costs $12.95 and has a 10% discount, what is the discount amount?

Back

Discount Amount = $12.95 x 0.10 = $1.295, rounded to $1.30.

Front

If a computer costs $199.00 and has a 20% discount, what is the final cost?

Back

Final Cost = $199.00 - ($199.00 x 0.20) = $159.20.

Front

What is the total cost of shoes priced at $34.95 with a 6.5% tax?

Back

Total Cost = $34.95 + ($34.95 x 0.065) = $37.22.

Front

If a basketball jersey costs $29.99 and has a 5% tax, what is the total cost?

Back

Total Cost = $29.99 + ($29.99 x 0.05) = $31.49.

Front

What is the sale price of a bag of candy originally priced at $4.50 with a 25% discount?

Back

Sale Price = $4.50 - ($4.50 x 0.25) = $3.75.

Front

How do you express a discount as a decimal?

Back

To express a discount as a decimal, divide the percentage by 100. For example, 10% = 0.10.