Tax, Tip & Discount

Front

What is a discount?

Back

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

Front

How do you calculate the sale price after a discount?

Back

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

Front

If a pair of boots costs $94.99 and has a 25% discount, what is the sale price?

Back

$71.24

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

How do you calculate the total cost including a tip?

Back

Total Cost = Original Cost + (Tip Percentage × Original Cost)

Front

If a meal costs $8.00 and a 6% tip is added, what is the total cost?

Back

$8.48

Front

What does it mean to add a tip to a bill?

Back

Adding a tip means increasing the total amount owed by a percentage of the original bill.

Front

If a jacket originally costs $45 and is on sale for 15% off, what is the sale price?

Back

$38.25

Front

What is the formula to find the amount of discount?

Back

Discount Amount = Discount Percentage × Original Price

Front

If a product is $50 and has a 20% discount, how much is the discount?

Back

$10