Exploring Tax, Tip, Discount, and Markup Concepts

This video tutorial covers various percent problems including discounts, markup, sales tax, and tips. It explains how to calculate each using proportions, providing examples for better understanding. The tutorial also includes practice problems for viewers to try on their own.

If a store offers a 25% discount on a jacket originally priced at $60, what is the sale price?

• $40

• $55

• $50

• $45

A store buys a gadget for $50 and marks it up by 80%. What is the retail price?

• $60

• $70

• $80

• $90

If a store purchases a necklace for $120 and marks it up by 25%, what is the retail price?

• $130

• $160

• $145

• $150

A pair of shoes costs $80 and the sales tax rate is 7%. What is the total cost including tax?

• $84.00

• $87.20

• $85.60

• $86.00

If a book costs $20 and the sales tax rate is 5%, what is the total cost including tax?

• $20.50

• $21.50

• $21.00

• $22.00

Your meal at a restaurant costs $50 and you want to leave a 15% tip. What is the total cost including tip?

• $57.50

• $55.00

• $52.50

• $60.00

If your meal costs $30 and you leave a 20% tip, what is the total cost including tip?

• $34.00

• $33.00

• $35.00

• $36.00

A meal costs $45 and the sales tax rate is 8%. If you also leave a 10% tip, what is the total cost?

• $54.90

• $53.10

• $52.20

• $55.80

If a meal costs $25, the sales tax rate is 6%, and you leave a 15% tip, what is the total cost?

• $29.50

• $31.00

• $30.75

• $28.75

A meal costs $40, the sales tax rate is 5%, and you leave a 20% tip. What is the total cost?

• $48.00

• $49.00

• $50.00

• $47.00