Tax, Tip, Discount

Front

What is a discount?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the sale price after a discount?

Back

Sale Price = Original Price - (Original Price x Discount Rate)

Tags

CCSS.6.RP.A.3C

Front

What is sales tax?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate sales tax?

Back

Sales Tax = Price of Item x Sales Tax Rate

Tags

CCSS.6.RP.A.3B

Front

What is the formula to find the total bill including sales tax?

Back

Total Bill = Price of Item + Sales Tax

Tags

CCSS.6.RP.A.3D

Front

If an item costs $50 and has a sales tax of 5%, what is the total cost?

Back

Total Cost = $50 + ($50 x 0.05) = $52.50

Tags

CCSS.6.RP.A.3C

Front

What does it mean to convert a decimal to a percent?

Back

To convert a decimal to a percent, multiply the decimal by 100 and add a percent sign.

Front

Convert 0.75 to a percent.

Back

0.75 as a percent is 75%.

Front

What is the original price if the sale price is $80 after a 20% discount?

Back

Original Price = Sale Price / (1 - Discount Rate) = $80 / (1 - 0.20) = $100.

Tags

CCSS.6.RP.A.3C

Front

If a bicycle costs $200 and is discounted by 15%, what is the discount amount?

Back

Discount Amount = Original Price x Discount Rate = $200 x 0.15 = $30.

Tags

CCSS.6.RP.A.3C