Tax and Tip

The video tutorial explains how to calculate tax and tip on a restaurant bill. It begins by defining tax and tip, then demonstrates how to calculate a 7% tax on a $50 meal. Next, it shows how to calculate a 20% tip on the same bill. Finally, it combines the bill, tax, and tip to find the total cost of the meal, which is $63.50. The lesson aims to teach viewers how to perform these calculations using percentages and basic arithmetic.

What is the total bill amount before tax and tip for Lana and Ally's dinner?

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Explain the difference between tax and tip as described in the text.

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How much tax will Lana and Ally pay if the tax rate is 7%?

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What is the method to calculate 20% tip on their $50 bill?

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What is the total cost of the dinner after adding tax and tip?

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