Taxes, tips, markup, discount, percent

Front

What does a discounted price mean?

Back

The price has decreased.

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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 (e.g., 20%).

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CCSS.6.RP.A.3C

Front

If a meal costs $40.84, what is the tip for 20%?

Back

$8.17

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CCSS.6.RP.A.3C

Front

What is sales tax?

Back

Sales tax is a percentage added to the price of goods and services.

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CCSS.6.RP.A.3C

Front

If the sales tax is 6.0%, how do you find the total price of an item?

Back

Multiply the item price by the tax rate and add it to the original price.

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CCSS.6.RP.A.3C

Front

What is the total price of a smartphone that costs $170.41 with a 6.0% sales tax?

Back

$180.63

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CCSS.6.RP.A.3C

Front

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

Back

Total cost = Item price + (Item price × Tax rate).

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CCSS.6.RP.A.3C

Front

What is a commission rate?

Back

A commission rate is a percentage of sales that a salesperson earns as income.

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CCSS.6.RP.A.3C

Front

If Sharon sells $37,000 worth of items and earns 17% commission, how much does she make?

Back

$6,290.

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CCSS.6.RP.A.3C

Front

What is markup?

Back

Markup is the amount added to the cost price of goods to cover overhead and profit.

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CCSS.6.RP.A.3B