Tips, Sales Tax, and Discounts

Front

What is the decimal equivalent of 3.5%?

Back

0.035

Front

How do you calculate a 10% discount on a $15 DVD?

Back

The discount amount is $1.50.

Front

What is the tip amount for a $20 lunch with a 20% tip?

Back

The tip amount is $4.

Front

How do you calculate the final price of an item with sales tax?

Back

Final Price = Cost + (Cost × Sales Tax Rate). For a $39.99 raincoat with 7% tax, the final price is $42.79.

Front

What is the sale price of jeans originally priced at $24.00 with a 30% discount?

Back

The sale price is $16.80.

Front

Define 'tip' in the context of dining out.

Back

A tip is a sum of money given to a service worker for their service, typically calculated as a percentage of the total bill.

Front

What is sales tax?

Back

Sales tax is a tax imposed by the government on the sale of goods and services, usually calculated as a percentage of the sale price.

Front

How do you convert a percentage to a decimal?

Back

Divide the percentage by 100. For example, 25% becomes 0.25.

Front

What is the formula to calculate the discount amount?

Back

Discount Amount = Original Price × Discount Rate.

Front

If an item costs $50 and has a 15% sales tax, what is the total cost?

Back

Total Cost = $50 + ($50 × 0.15) = $57.50.