Tax, Tip, Discount

Front

What does a discounted price mean?

Back

The price has decreased.

Tags

CCSS.6.RP.A.3B

Front

How do you calculate a tip?

Back

To calculate a tip, multiply the total bill by the tip percentage.

Tags

CCSS.6.RP.A.3B

Front

What is a discount?

Back

A discount is an amount subtracted from the original price.

Tags

CCSS.6.RP.A.3C

Front

If a store marks up a price by 60%, how do you find the selling price?

Back

Multiply the cost price by 1.60.

Tags

CCSS.6.RP.A.3C

Front

What is sales tax?

Back

Sales tax is a percentage of the sale price added to the total cost.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the total cost after tax?

Back

Multiply the original price by (1 + sales tax rate).

Tags

CCSS.6.RP.A.3D

Front

What is the formula for calculating a percentage?

Back

Percentage = (Part/Whole) x 100.

Front

If a product costs $50 and is on sale for 20% off, what is the sale price?

Back

Sale price = $50 - ($50 x 0.20) = $40.

Tags

CCSS.6.RP.A.3C

Front

What is the difference between markup and discount?

Back

Markup is added to the cost price, while discount is subtracted from the selling price.

Tags

CCSS.6.RP.A.3B

Front

How do you find the original price if you know the sale price and discount?

Back

Original Price = Sale Price / (1 - Discount Rate).

Tags

CCSS.6.RP.A.3C