6.1 Sales Tax, Discount, & Tips Concepts (with rounding review)

Front

What is a discount?

Back

A reduction in the price of an item.

Front

True or False? A discount causes an item to cost more.

Back

False

Front

What is a tip in the context of dining?

Back

A small amount of money given to a server for their service.

Front

When dining at a restaurant, a tip is ___________ to the cost of the meal.

Back

added to

Front

What does it mean to round a number?

Back

To adjust the number to a nearby value that is easier to work with.

Front

Round 72.178 to the nearest hundredth.

Back

72.18

Front

Round 43.827 to the nearest whole number.

Back

44

Front

Round 1.823 to the nearest whole number.

Back

2

Front

What is sales tax?

Back

A percentage added to the price of goods and services.

Front

How do you calculate the total cost including sales tax?

Back

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