Tax, Tip, Discount, Markup and Percent

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, usually calculated as a percentage of the total bill.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate a tip?

Back

To calculate a tip, multiply the total bill by the tip percentage (in decimal form). For example, a 15% tip on a $30 bill is $30 x 0.15 = $4.50.

Tags

CCSS.6.RP.A.3C

Front

What is a discount?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate a discount?

Back

To calculate a discount, multiply the original price by the discount percentage (in decimal form) and subtract that amount from the original price.

Tags

CCSS.6.RP.A.3B

Front

What is markup?

Back

Markup is the amount added to the cost price of goods to cover overhead and profit, usually expressed as a percentage of the cost.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate markup?

Back

To calculate markup, multiply the cost price by the markup percentage (in decimal form) and add that amount to the cost price.

Tags

CCSS.6.RP.A.3C

Front

What is a percent?

Back

A percent is a way of expressing a number as a fraction of 100, often used to describe proportions or comparisons.

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100. For example, 25% becomes 0.25.

Front

If Angela spent $30.00 and leaves a 15% tip, what is her total bill?

Back

$34.50

Tags

CCSS.6.RP.A.3C

Front

If a $400 TV is on sale for 25% off, how much do you save?

Back

$100

Tags

CCSS.6.RP.A.3C