Tax, Tip, Markup, Discount

Front

What does a discounted price mean?

Back

The price has decreased.

Tags

CCSS.6.RP.A.3B

Front

If Mary buys jeans for $33 and pays 7% tax, how much change will she get back from $40?

Back

$4.69

Tags

CCSS.6.RP.A.3C

Front

Discount is ____________ from the price.

Back

subtracted.

Tags

CCSS.6.RP.A.3C

Front

Sales tax is __________ by/to the price.

Back

added.

Tags

CCSS.6.RP.A.3D

Front

How much tip should you leave if you want to tip 18% on a $37.50 bill?

Back

$6.75.

Tags

CCSS.6.RP.A.3C

Front

What is tax?

Back

An additional amount added to the price of goods or services.

Tags

CCSS.6.RP.A.3D

Front

What is a tip?

Back

A small amount of money given to someone for their service, usually a percentage of the total bill.

Tags

CCSS.6.RP.A.3C

Front

What is markup?

Back

The amount added to the cost price of goods to cover overhead and profit.

Tags

CCSS.6.RP.A.3B

Front

What is a discount?

Back

A reduction in the usual price of something.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate sales tax?

Back

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

Tags

CCSS.6.RP.A.3D