Exploring Tax, Tip, and Discount Calculations

Which of the following terms indicates that you need to add to the total cost?

• Sale

• Discount

• Rebate

• Tax

What is a markup?

• A reduction in price

• A type of tax

• An additional charge to make a profit

• A discount given by the store

When would you subtract from the total amount?

• When calculating tax

• When adding interest

• When calculating a tip

• When applying a discount

Toby buys headphones for $45 with a 7% sales tax. What is the total amount charged to his credit card?

• $50.00

• $47.00

• $48.15

• $45.00

How do you calculate the sales tax on an item?

• Divide the price by the tax rate

• Multiply the price by the tax rate and subtract from the original price

• Subtract the tax rate from the price

• Multiply the price by the tax rate and add to the original price

John's family left a 20% tip on a $65 bill. What was the total cost of the meal?

• $80.00

• $70.00

• $78.00

• $65.00

How do you calculate a tip for a meal?

• Multiply the bill amount by the tip percentage and add to the bill

• Subtract the tip percentage from the bill amount

• Multiply the bill amount by the tip percentage and subtract from the bill

• Divide the bill amount by the tip percentage

A bracelet is on sale for 25% off its regular price of $44. What is the sale price?

• $33.00

• $44.00

• $22.00

• $11.00

How do you calculate the sale price of an item?

• Subtract the discount percentage from the original price

• Multiply the original price by the discount percentage and add to the original price

• Divide the original price by the discount percentage

• Multiply the original price by the discount percentage and subtract from the original price

What is the first step in solving multi-step percent problems?

• Add the percent to the total

• Subtract the percent from the total

• Multiply the total by the percent

• Find the percent of the given amount