Percent Applications

Front

What is a percent?

Back

A percent is a ratio expressed as a fraction of 100. It represents a part of a whole.

Front

How do you calculate the total cost of an item including sales tax?

Back

To calculate the total cost, multiply the item's price by the sales tax rate (as a decimal), then add that amount to the original price.

Front

What is the formula to calculate a percentage of a number?

Back

The formula is: Percentage = (Part/Whole) x 100.

Front

If an item costs $50 and has a 10% discount, what is the discount amount?

Back

The discount amount is $5 (10% of $50).

Front

How do you find the final price after applying a discount?

Back

Subtract the discount amount from the original price.

Front

What is a commission?

Back

A commission is a fee paid to an employee based on the sales they generate, usually expressed as a percentage of the sales.

Front

How do you calculate a tip based on a restaurant bill?

Back

To calculate a tip, multiply the total bill by the tip percentage (as a decimal).

Front

If a shirt costs $20 and the sales tax is 8%, what is the total cost?

Back

The total cost is $21.60 ($20 + $1.60 sales tax).

Front

What does it mean to apply a percentage increase?

Back

Applying a percentage increase means adding a certain percentage of the original amount to itself.

Front

How do you calculate the total salary including commission?

Back

Add the fixed salary to the commission amount, which is calculated as a percentage of total sales.