Tax, Tip, Discount, and Markup Skills Assessment

The video tutorial covers the calculation of discounts, markups, taxes, and tips. It provides step-by-step instructions on how to determine the final price after applying these financial adjustments. The teacher uses examples to demonstrate the process of cross-multiplying percentages and original prices to find the discount or markup amount, and then adjusting the original price accordingly. The video also explains how to add tax and tips to the original price to find the total cost.

If the original price is $44 and the discount is 25%, what is the final price?

• $35.44

• $32.44

• $34.44

• $33.44

What is the discount amount if the original price is $80 and the discount is 40%?

• $32

• $36

• $28

• $40

For an item priced at $9.99 with a 70% discount, what is the final price?

• $3.50

• $4.00

• $2.99

• $3.00

If an item costs $35.67 and has a 30% markup, what is the final price?

• $46.37

• $45.37

• $44.37

• $47.37

What is the final price including a 6% tax on an item priced at $3.50?

• $3.71

• $3.70

• $3.72

• $3.73

If the original price is $105 and the tax is 5%, what is the total price?

• $110.25

• $112.25

• $111.25

• $109.25

For an item priced at $52.99 with a 5.5% tax, what is the final price?

• $53.90

• $56.90

• $54.90

• $55.90

If the bill is $45 and you leave a 20% tip, what is the total cost?

• $52

• $54

• $55

• $53

What is the tip amount on a $45 bill with a 20% tip?

• $10

• $8

• $9

• $7

What should you do after completing the worksheet?

• Email it to the teacher

• Submit it to Canvas

• Save it on your computer

• Print it out