Tax, tip, and discount

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, usually in restaurants, as a way to show appreciation.

Front

How do you calculate a tip?

Back

To calculate a tip, multiply the total bill by the tip percentage (e.g., for a 20% tip, multiply the total by 0.20).

Front

What is sales tax?

Back

Sales tax is a percentage added to the price of goods and services, collected by the government.

Front

How do you calculate sales tax?

Back

To calculate sales tax, multiply the price of the item by the sales tax rate (e.g., for a 6% tax, multiply the price by 0.06).

Front

What is a discount?

Back

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

Front

How do you calculate a discount?

Back

To calculate a discount, multiply the original price by the discount percentage (e.g., for a 15% discount, multiply the price by 0.15).

Front

What is the total cost after adding a tip?

Back

The total cost after adding a tip is the original bill plus the tip amount.

Front

What is the total cost after adding sales tax?

Back

The total cost after adding sales tax is the original price plus the sales tax amount.

Front

If a meal costs $50 and the tip is 20%, how much is the tip?

Back

The tip is $10 (20% of $50).

Front

If a jacket costs $80 and has a 25% discount, what is the discount amount?

Back

The discount amount is $20 (25% of $80).