Sales Tax Tip Discount Markup

Front

Discount is ____________ from the price.

Back

subtracted

Front

A video store’s regular price of a video is $25.95, and it’s on sale for 25% off. What is the sale price of the video?

Back

$19.46

Front

What is the total cost with sales tax? Price $2.75, Tax 5%

Back

$2.89

Front

You plan to purchase a plane ticket for $299.00 and you are going to use a discount code to receive 15% off. How much will the ticket cost?

Back

$254.15

Front

Bill: $25, Percentage of tip: 20%. What is the tip?

Back

$5.00

Front

What is sales tax?

Back

A percentage of the price added to the total cost of an item.

Front

How do you calculate a discount?

Back

Multiply the original price by the discount percentage and subtract from the original price.

Front

What is markup?

Back

The amount added to the cost price of goods to cover overhead and profit.

Front

If an item costs $50 and has a 10% sales tax, what is the total cost?

Back

$55.00

Front

What is the formula for calculating the total cost after a discount?

Back

Total Cost = Original Price - (Original Price x Discount Percentage)