Tax, Tip, Discount

Front

What is a discount?

Back

A discount is a percentage of the cost that is subtracted from the total price.

Front

What is tax?

Back

Tax is a percentage of the cost that is added to the total price.

Front

How do you calculate the total cost after applying a discount?

Back

To calculate the total cost after a discount, subtract the discount amount from the original price.

Front

How do you calculate the total cost after adding tax?

Back

To calculate the total cost after tax, add the tax amount to the original price.

Front

If an item costs $100 and has a 20% discount, what is the discount amount?

Back

The discount amount is $20.

Front

If an item costs $50 and has a sales tax of 8%, what is the tax amount?

Back

The tax amount is $4.

Front

What is the formula to find the total cost after a discount?

Back

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

Front

What is the formula to find the total cost after tax?

Back

Total Cost = Original Price + (Original Price x Tax Percentage)

Front

A shirt costs $30 with a 10% discount. What is the new cost?

Back

The new cost is $27.

Front

A video game costs $60 with a 5% sales tax. What is the total cost?

Back

The total cost is $63.