Tax tip exit ticket 10-25-24

Front

What is gratuity?

Back

Gratuity, commonly known as a tip, is a percentage of the total cost of a service that is added to the bill as a reward for service provided.

Front

How do you calculate gratuity?

Back

To calculate gratuity, multiply the total cost of the service by the gratuity percentage (e.g., for a 25% tip on a $100 meal, the gratuity is $100 x 0.25 = $25).

Front

If a meal costs $94.99 and the gratuity is 25%, what is the gratuity amount?

Back

$23.75

Front

What is the total bill if the meal costs $94.99 and a 25% gratuity is added?

Back

$118.75

Front

What does it mean to add a percentage to a total?

Back

Adding a percentage to a total means increasing the original amount by a certain percentage, which is calculated based on the original amount.

Front

If Yareli spends $52.25 on foundation, $17.50 on blush, and $22.50 on lipstick, what is her total before tax?

Back

$92.25

Front

How do you calculate sales tax?

Back

To calculate sales tax, multiply the total cost of the items by the sales tax rate (e.g., for a 6% tax on a $100 purchase, the tax is $100 x 0.06 = $6).

Front

If Yareli's total purchase is $92.25 and the sales tax is 6%, how much does she pay in taxes?

Back

$8.54

Front

What is the total cost of a meal that costs $8.00 with a 6% tip?

Back

$8.48

Front

What is the formula to find the total cost including tax and tip?

Back

Total Cost = Original Cost + (Original Cost x Tax Rate) + (Original Cost x Tip Rate).