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

How do you calculate a discount?

Back

To calculate a discount, multiply the original price by the discount percentage (as a decimal) and subtract that amount from the original price.

Front

What is a tip?

Back

A tip is a percentage of the cost that is added to the total price, usually given for services.

Front

How do you calculate a tip?

Back

To calculate a tip, multiply the total cost by the tip percentage (as a decimal) and add that amount to the total cost.

Front

What is sales tax?

Back

Sales tax is a percentage of the cost that is added to the total price of goods or services.

Front

How do you calculate sales tax?

Back

To calculate sales tax, multiply the original price by the sales tax percentage (as a decimal) and add that amount to the original price.

Front

If a PS4 costs $399 and has a 20% discount, what is the total cost?

Back

$319.20

Front

If a baseball bat costs $28 and has a 25% discount, what is the total cost?

Back

$21.00

Front

If Dana buys a computer for $675 and the sales tax is 7%, what is the total cost?

Back

$722.25

Front

What happens to the total cost when a discount is applied?

Back

The total cost decreases when a discount is applied.