Gibson/ Gregg Percent Proportions - Tax, Tip and Discount

Front

What is a percent?

Back

A percent is a ratio expressed as a fraction of 100. It represents a part of a whole.

Front

How do you calculate a discount?

Back

To calculate a discount, multiply the original price by the discount percentage (as a decimal) and subtract that amount from the original price.

Front

What is the formula for finding the sale price after a discount?

Back

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

Front

How do you calculate the total price after tax?

Back

Total Price = Original Price + (Original Price × Tax Rate)