Money Math

​Vocabulary

• tip:  a sum of money customarily given by a client or customer to workers for the service they have performed, in addition to the basic price of the service.

• commission: A fee paid for services, usually a percentage of the total cost; a fee paid to an employee for transacting a piece of business or performing a service.

• sales tax: a tax paid to a governing body for the sales of certain goods and services.​

• simple interest: is interest calculated on the original price of a loan or the original contribution to a savings account.​

Multiple Select

Which term(s) involve adding back to the original amount? Select all that apply

• sales tax

• discount

• tip

• simple interest

Multiple Choice

Jennifer has a coupon for 25% off her entire meal of $17.89. What is the discount?

• $13.42

• $4.47

• $4.48

• $0.44

Multiple Choice

Sarah is buying a new sweatshirt for $40 and it is on sale for 20% off. How much will Sarah pay for the sweatshirt?

• $8

• $32

• $35

• $48

Multiple Choice

Olivia wants to buy a sticker set on Amazon for $8. They are on sale for 10% off. How much is the discount?

• $7.20

• $7.00

• $1.00

• $0.80

Multiple Choice

When you have a discount, do you add or subtract from the total?

• Subtract

• Add

Multiple Choice

When you have tip, do you add or subtract it from the total?

• Add

• Subtract

Multiple Choice

When you have tax, do you add or subtract it from the total?

• Add

• Subtract

Open Ended

Exit Ticket:

$40 off or 40% off

Which is the better deal or are they both the same?​