Money Word Problems

Front

What is a tip?

Back

A tip is a sum of money given to someone for their services, typically calculated as a percentage of the total bill.

Front

How do you calculate a percentage of a total amount?

Back

To calculate a percentage, multiply the total amount by the percentage (in decimal form). For example, to find 20% of $90, calculate 90 * 0.20 = $18.

Front

If a service costs $150 and you want to leave a 10% tip, how much is the tip?

Back

$15 (calculated as 150 * 0.10).

Front

What is the formula to calculate the total amount including tip?

Back

Total Amount = Original Amount + (Original Amount * Tip Percentage).

Front

If the bill is $75 and you want to leave a 25% tip, how much should you leave?

Back

$18.75 (calculated as 75 * 0.25).

Front

What is the total cost if the bill is $120 and an 18% tip is added?

Back

Total Cost = 120 + (120 * 0.18) = $141.60.

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100. For example, 25% becomes 0.25.

Front

If you want to leave a 20% tip on a $90 bill, what is the total amount you will pay?

Back

Total Amount = 90 + (90 * 0.20) = $108.

Front

What is the difference between a service charge and a tip?

Back

A service charge is a mandatory fee added to the bill, while a tip is voluntary and given at the discretion of the customer.

Front

If Daniel's hotel bill is $80 and he leaves a 25% tip, what is the total amount he pays?

Back

Total Amount = 80 + (80 * 0.25) = $100.