Discounts, Markups, Tax, Tip

Front

What is a discount?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the final sale price after a discount?

Back

Final Sale Price = Original Price - (Original Price × Discount Rate)

Tags

CCSS.6.RP.A.3C

Front

What is a markup?

Back

A markup is an increase in the original price of a product or service, often expressed as a percentage.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the final price after a markup?

Back

Final Price = Original Price + (Original Price × Markup Rate)

Tags

CCSS.6.RP.A.3C

Front

What is sales tax?

Back

Sales tax is a percentage added to the sale 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 the total price including sales tax?

Back

Total Price = Sale Price + (Sale Price × Sales Tax Rate)

Tags

CCSS.6.RP.A.3C

Front

What is a tip?

Back

A tip is a small amount of money given to service workers as a reward for their service, often expressed as a percentage of the total bill.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the total amount including tip?

Back

Total Amount = Bill Amount + (Bill Amount × Tip Rate)

Tags

CCSS.6.RP.A.3C

Front

If an item costs $80 and is on sale for 25% off, what is the sale price?

Back

Sale Price = $80 - ($80 × 0.25) = $60

Tags

CCSS.6.RP.A.3C

Front

If a sweater originally costs $50 and is sold for $30, what is the discount percentage?

Back

Discount Percentage = [(Original Price - Sale Price) / Original Price] × 100 = [(50 - 30) / 50] × 100 = 40%.

Tags

CCSS.6.RP.A.3C