Tax, Tip, Discount

Flashcard
•
Mathematics
•
7th Grade
•
Hard
+1
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a percent?
Back
A percent is a way of expressing a number as a fraction of 100. It is denoted by the symbol '%'. For example, 40% means 40 out of 100.
2.
FLASHCARD QUESTION
Front
How do you convert a decimal to a percent?
Back
To convert a decimal to a percent, multiply the decimal by 100 and add the percent symbol. For example, 0.4 x 100 = 40%.
3.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the price of an item, usually expressed as a percentage of the original price.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
How do you calculate the amount saved with a discount?
Back
To calculate the amount saved, multiply the original price by the discount percentage (as a decimal). For example, for a $22 item with a 25% discount: $22 x 0.25 = $5.50.
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
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.
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
How do you calculate sales tax?
Back
To calculate sales tax, multiply the price of the item by the sales tax rate (as a decimal). For example, for a $1.49 item with a 5% tax: $1.49 x 0.05 = $0.07.
Tags
CCSS.6.RP.A.3B
7.
FLASHCARD QUESTION
Front
What is the formula for calculating the sale price after a discount?
Back
Sale Price = Original Price - (Original Price x Discount Rate).
Tags
CCSS.6.RP.A.3C
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