Sales Tax, Tips, and Discounts Assignment

Front

What is sales tax?

Back

Sales tax is a percentage of the sale price of goods and services that is collected by the seller and paid to the government.

Front

How do you calculate the sale price after a discount?

Back

To calculate the sale price after a discount, subtract the discount amount from the original price. Sale Price = Original Price - Discount.

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, typically in the hospitality industry, as a way to show appreciation.

Front

How do you calculate a tip?

Back

To calculate a tip, multiply the total bill by the tip percentage. Tip = Total Bill x Tip Percentage.

Front

What does '25% off' mean?

Back

'25% off' means that the price of an item is reduced by 25% of its original price.

Front

How do you find the discount amount?

Back

To find the discount amount, multiply the original price by the discount percentage. Discount Amount = Original Price x Discount Percentage.

Front

If an item costs $22.00 and is 25% off, how much do you save?

Back

You save $5.50.

Front

What is the formula for calculating the total bill including tip?

Back

Total Bill = Meal Cost + Tip Amount.

Front

If a pair of jeans costs $24.00 and is on sale for 30% off, what is the sale price?

Back

The sale price is $16.80.

Front

What is the original price if the sale price is $19.46 after a 25% discount?

Back

The original price is $25.95.