Calculating Tax, Tip, and Discount Amounts

This video tutorial explains how to calculate tax, tip, and discount, and how to determine total and sale prices. It covers three methods: multiply then add, multiply then subtract, and just multiply. Examples include calculating total cost with tax, tip amount, and sale price with discount. The video concludes with a summary of the methods and key points.

What are the three methods to calculate tax, tip, and discount?

• Multiply then add, multiply then subtract, just multiply

• Add then multiply, subtract then multiply, just add

• Multiply then divide, add then subtract, just add

• Divide then multiply, subtract then add, just subtract

If you pay a 7% tax on a $750 guitar, what is the total cost?

• $750

• $805.00

• $802.50

• $800.50

How do you calculate the tip amount for a meal costing $95.40 with a 15% tip rate?

• Divide $95.40 by 0.15

• Subtract $95.40 from 0.15

• Add $95.40 to 0.15

• Multiply $95.40 by 0.15

What is the tip amount for a $95.40 meal with a 15% tip rate?

• $13.50

• $12.50

• $14.31

• $15.00

If you pay a 4.5% tax on a $900 recliner, what is the total cost?

• $940.50

• $945.00

• $950.00

• $955.50

How do you calculate the total cost of a $900 recliner with a 4.5% tax rate?

• Multiply $900 by 0.045 and add to $900

• Add $900 to 0.045

• Subtract $900 from 0.045

• Divide $900 by 0.045

What is the sale price of a $475 computer with a 25% discount?

• $356.25

• $356.50

• $357.25

• $357.00

How do you calculate the sale price of a $475 computer with a 25% discount?

• Divide $475 by 0.25

• Subtract $475 from 0.25

• Add $475 to 0.25

• Multiply $475 by 0.25 and subtract from $475

How much money will you save on a $2000 refrigerator with a 40% discount?

• $900

• $850

• $800

• $950

What is the discount amount for a $2000 refrigerator with a 40% discount?

• $700

• $750

• $800

• $850