Tax, tip, discount

Front

What is a discount?

Back

A reduction in the price of a product or service, often expressed as a percentage.

Front

How do you calculate the amount of a discount?

Back

Multiply the original price by the discount percentage (as a decimal).

Front

If a sweater costs $30 and has a 25% discount, how much do you pay?

Back

$22.50

Front

What is sales tax?

Back

A percentage added to the price of goods and services, collected by the government.

Front

How do you calculate sales tax?

Back

Multiply the price of the item by the sales tax rate (as a decimal).

Front

If a TV costs $899 and the sales tax is 6.5%, how much tax do you pay?

Back

$58.44

Front

What happens to the price when sales tax is applied?

Back

The sales tax is added to the original price.

Front

How do you convert a decimal to a percentage?

Back

Multiply the decimal by 100 and add a percent sign.

Front

If you have a decimal of 0.18, what is it as a percentage?

Back

18%.

Front

What is a tip?

Back

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