Calculating Discounts and Tips

This video tutorial covers the general application of percents, focusing on percent proportions. It includes examples of calculating tips, taxes, commissions, discounts, and markups. The tutorial demonstrates two methods for solving percent problems and emphasizes the importance of understanding the whole and part in percent calculations. The video also highlights the need to carefully interpret problem wording to apply the correct method.

If a restaurant bill is $28 and you leave a 15% tip, what is the total amount you need to pay?

• $30

• $32

• $34

• $36

Which method involves adding the tip percentage to 100% before calculating the total bill?

• Method 4: Calculate tip as a fixed amount

• Method 3: Subtract tip percentage from 100%

• Method 2: Add tip percentage to 100% first

• Method 1: Calculate tip in dollars first

How do you calculate the tax amount on a $46.40 item with a 25% tax rate?

• Multiply $46.40 by 1.75

• Multiply $46.40 by 0.75

• Multiply $46.40 by 1.25

• Multiply $46.40 by 0.25

What is the commission on an $8,200 sale with a 7.9% commission rate?

• $700.00

• $820.00

• $647.80

• $750.00

If an item is originally priced at $74.54 and has a 20% discount, what is the new price?

• $69.63

• $64.54

• $74.54

• $59.63

How do you calculate the new price after a 7.4% discount on a $56.20 item?

• Multiply $56.20 by 1.926

• Multiply $56.20 by 0.074

• Multiply $56.20 by 1.074

• Multiply $56.20 by 0.926

Melissa paid $170 for an item originally priced at $330. What percent of the original price did she pay?

• 48.5%

• 60%

• 40%

• 51.5%

Roy paid $132 for an item that was 40% off. What was the original price?

• $180

• $200

• $220

• $250

If an item is marked up by 12% from an original price of $25, what is the new price?

• $28

• $30

• $27

• $26

What is the markup amount in dollars if an item originally priced at $25 is marked up by 12%?

• $4

• $5

• $3

• $2