Calculating Discounts and Commissions

This video tutorial covers various real-life applications of percentages, including calculating tips, markup, and commission. It explains how to determine the total bill with a tip, calculate the retail price of a car with markup, and find the commission percentage at a gym. The video also provides a summary of percentage applications and includes assignment problems for practice.

What is the correct expression to calculate a 15% tip on a $20 meal?

• 15 plus 20

• 15 out of 100 plus 20

• 15 out of 100 times 20

• 15 times 20

If a car dealership wants to make a 32% profit on a $12,000 vehicle, what is the markup amount?

• $3,600

• $3,200

• $4,000

• $3,840

After a 10% discount on a retail price of $15,840, how much does the customer pay?

• $14,256

• $14,000

• $14,500

• $14,800

What percentage of the total cost does an employee earn as commission if they keep $8 from a $50 gym membership?

• 18%

• 10%

• 20%

• 16%

How much commission does an employee earn from selling a family pass for $135 at a 16% commission rate?

• $23.00

• $21.60

• $22.00

• $20.00

Which of the following is an example of a percentage increase?

• Adding sales tax to a purchase

• Subtracting commission from a sale

• Applying a discount to a product

• Reducing the price of a service

If a restaurant bill is $34 and the customer pays $40, what percentage tip did they leave?

• 12%

• 20%

• 15%

• 18%

What is the retail price of a car if the dealership marks up an $8,350 car by 17.4%?

• $9,805.90

• $9,500.00

• $9,700.00

• $9,600.00

If a pair of pants is sold for $15.20 after a 20% discount, what was the original price?

• $17.00

• $20.00

• $18.00

• $19.00

How do you calculate the original price if you know the discounted price and the discount percentage?

• Add the discount percentage to the discounted price

• Multiply the discounted price by the discount percentage

• Divide the discounted price by the remaining percentage

• Subtract the discount percentage from the discounted price