Taxes and Discounts

Front

What is a tax?

Back

A tax is a mandatory financial charge or levy imposed by a government on individuals or businesses to fund public services and infrastructure.

Front

What is a discount?

Back

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

Front

How do you calculate 25% of a number?

Back

To calculate 25% of a number, multiply the number by 0.25.

Front

If a soccer team played 32 games and won 25% of them, how many games did they win?

Back

8 games.

Front

How do you calculate the total cost after tax?

Back

To calculate the total cost after tax, multiply the original price by the tax rate (as a decimal) and add it to the original price.

Front

What is a tip?

Back

A tip is a small amount of money given to service workers as a reward for their service, usually calculated as a percentage of the total bill.

Front

How do you calculate a 10% tip on a bill?

Back

To calculate a 10% tip, multiply the total bill by 0.10.

Front

If dinner costs $23.77 and you leave a 10% tip, what is the total cost?

Back

$26.15.

Front

How do you calculate a discount on an item?

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

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

Back

$5.50.