Tax, Tip, Discount

Front

Tip is a percentage of the cost that is __________ to the total.

Back

Added

Front

Tax is a percentage of the cost that is __________ to the total.

Back

Added

Front

How much commission does Amelia make when she sells $22,540 worth of jewelry at a 12% commission rate?

Back

$2,704.80

Front

How much tip should you leave if you want to tip 23% at Applebee's on a $27.31 bill?

Back

$6.28

Front

How much tax would you pay on a new TV that is $899 at Best Buy, if the tax rate is 6.5%?

Back

$58.43

Front

What is the formula to calculate tip?

Back

Tip = Cost × Tip Rate

Front

What is the formula to calculate tax?

Back

Tax = Cost × Tax Rate

Front

If a meal costs $50 and the tip is 15%, how much is the tip?

Back

$7.50

Front

If a product costs $200 and the sales tax is 8%, what is the total cost including tax?

Back

$216.00

Front

What is the difference between a tip and a tax?

Back

A tip is a voluntary payment for service, while tax is a mandatory payment to the government.