Tax Tip Percent Review

Tax Tip Percent Review

Assessment

Flashcard

Mathematics

7th Grade

Hard

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4 questions

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1.

FLASHCARD QUESTION

Front

What is the formula to calculate the tip amount based on a percentage?

Back

Tip Amount = Total Bill x (Tip Percentage / 100)

2.

FLASHCARD QUESTION

Front

If you leave a 20% tip on a $50 meal, how much is the tip?

Back

$10

3.

FLASHCARD QUESTION

Front

What is the sales tax?

Back

Sales tax is a percentage of the purchase price that is added to the total cost.

4.

FLASHCARD QUESTION

Front

How do you calculate the total amount paid after including sales tax?

Back

Total Amount = Purchase Price + (Purchase Price x Sales Tax Rate)