Tax,Tip,Discount

Front

What do you do to find the total cost of a meal including tip?

Back

Add the amount of the tip to the original amount of the bill.

Front

If a jacket costs $85.00 and is on sale for 40% off, how much do you pay?

Back

You pay $51.00.

Front

What happens to the price when a discount is applied?

Back

The discount is subtracted from the price.

Front

If a book costs $4.25 and has a markup of 30%, what is the total price?

Back

The total price is $5.53.

Front

What is the final price of a $990 T.V. with a 9% sales tax?

Back

The final price is $1,079.10.

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, usually added to the bill.

Front

Define discount.

Back

A discount is a reduction in the price of a product or service.

Front

How do you calculate a percentage discount?

Back

Multiply the original price by the discount percentage (as a decimal) and subtract that amount from the original price.

Front

What is sales tax?

Back

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

Front

How do you calculate the final price after tax?

Back

Multiply the original price by the sales tax rate (as a decimal) and add that to the original price.