Tax, Tip, Discount

Front

Tax is a percentage of the cost that is __________ to the total.

Back

Added

Front

Change 3.2% into a decimal.

Back

0.032

Front

What is the formula to calculate the sale price after a discount?

Back

Sale Price = Original Price - (Original Price × Discount Rate)

Front

If a product costs $100 and has a tax rate of 5%, what is the total cost?

Back

Total Cost = $100 + ($100 × 0.05) = $105

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.

Front

If you leave a 15% tip on a $50 meal, how much is the tip?

Back

Tip = $50 × 0.15 = $7.50

Front

What is a discount?

Back

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

Front

If a jacket originally costs $80 and is on sale for 20% off, what is the sale price?

Back

Sale Price = $80 - ($80 × 0.20) = $64

Front

How do you convert a percentage to a decimal?

Back

Divide the percentage by 100.

Front

What is the total cost of a $200 item with a 10% tax?

Back

Total Cost = $200 + ($200 × 0.10) = $220