Mark-Up and Discount/Percent Word Problems - Level 3

Front

What is a tip and how is it calculated?

Back

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

Front

How do you calculate a percentage of a number?

Back

To calculate a percentage of a number, multiply the number by the percentage (in decimal form). For example, 20% of $28.00 is $28.00 * 0.20 = $5.60.

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.

Front

How do you calculate the sale price after a discount?

Back

To find the sale price, subtract the discount amount from the original price. Sale Price = Original Price - Discount Amount.

Front

What is the formula to find the discount amount?

Back

Discount Amount = Original Price * (Discount Percentage / 100).

Front

If a jacket costs $85 and is on sale for 40% off, how much do you pay?

Back

You pay $51. Calculation: Discount = $85 * 0.40 = $34; Sale Price = $85 - $34 = $51.

Front

What is the total cost including a tip?

Back

Total Cost = Original Bill + Tip Amount. For example, if the bill is $28 and the tip is 20%, Total Cost = $28 + ($28 * 0.20) = $33.60.

Front

How do you find the percentage of a group?

Back

To find the percentage of a group, divide the number of items in the group by the total number of items, then multiply by 100.

Front

If 40% of students take the bus, how do you find how many do not?

Back

To find how many do not take the bus, first find 40% of the total students, then subtract that number from the total.

Front

What is the original price if the sale price is $67.15 after a 15% discount?

Back

To find the original price, use the formula: Original Price = Sale Price / (1 - Discount Percentage). Here, Original Price = $67.15 / (1 - 0.15) = $79.