Sales Tax, Tips & Discounts
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
Standards-aligned
Wayground Content
FREE Resource
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15 questions
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1.
FLASHCARD QUESTION
Front
What is sales tax and how is it calculated?
Back
Sales tax is a percentage of the purchase price that is added to the total cost of goods or services. It is calculated by multiplying the purchase price by the sales tax rate (expressed as a decimal).
Tags
CCSS.6.RP.A.3C
2.
FLASHCARD QUESTION
Front
How do you calculate the total cost of an item including sales tax?
Back
To calculate the total cost including sales tax, multiply the item's price by the sales tax rate to find the tax amount, then add that amount to the original price.
Tags
CCSS.6.RP.A.3D
3.
FLASHCARD QUESTION
Front
What does a discount represent in a purchase?
Back
A discount represents a reduction in the original price of an item, usually expressed as a percentage.
Tags
CCSS.6.RP.A.3C
4.
FLASHCARD QUESTION
Front
How do you calculate the sale price of an item after applying a discount?
Back
To calculate the sale price, multiply the original price by the discount percentage (as a decimal) to find the discount amount, then subtract that amount from the original price.
Tags
CCSS.6.RP.A.3C
5.
FLASHCARD QUESTION
Front
What is a tip and how is it typically calculated in restaurants?
Back
A tip is a gratuity given to service workers, often calculated as a percentage of the total bill before tax.
Tags
CCSS.6.RP.A.3C
6.
FLASHCARD QUESTION
Front
How do you find the tip amount based on a percentage?
Back
To find the tip amount, multiply the total bill by the tip percentage (expressed as a decimal).
Tags
CCSS.6.RP.A.3C
7.
FLASHCARD QUESTION
Front
What is the decimal equivalent of a percentage?
Back
To convert a percentage to a decimal, divide the percentage by 100.
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