Tips, Sales Tax, and Discounts

Flashcard
•
Mathematics
•
7th Grade
•
Easy
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9 questions
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1.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the price of a product or service, often expressed as a percentage of the original price.
2.
FLASHCARD QUESTION
Front
How do you calculate the amount saved from a discount?
Back
To calculate the amount saved from a discount, multiply the original price by the discount percentage (in decimal form).
3.
FLASHCARD QUESTION
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.
4.
FLASHCARD QUESTION
Front
How do you calculate the total cost including sales tax?
Back
To calculate the total cost including sales tax, multiply the original price by the sales tax rate (in decimal form) and add it to the original price.
5.
FLASHCARD QUESTION
Front
Convert 25% to decimal form.
Back
0.25
6.
FLASHCARD QUESTION
Front
Convert 40% to decimal form.
Back
0.40
7.
FLASHCARD QUESTION
Front
If an item costs $50 and is on sale for 20% off, how much do you save?
Back
$10.00
8.
FLASHCARD QUESTION
Front
If you want to leave a 15% tip on a $40 bill, how much should you tip?
Back
$6.00
9.
FLASHCARD QUESTION
Front
What is the formula to find the final price after a discount?
Back
Final Price = Original Price - (Original Price x Discount Percentage)
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