What is a tip?
Tax and Tip (ADVANCED)

Flashcard
•
Mathematics
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
A tip is a small amount of money given to someone for their service, usually calculated as a percentage of the total bill.
2.
FLASHCARD QUESTION
Front
How do you calculate a tip?
Back
To calculate a tip, multiply the total amount of the bill by the tip percentage (expressed as a decimal). For example, for an 18% tip on a $35.99 bill, calculate 35.99 * 0.18.
3.
FLASHCARD QUESTION
Front
What is tax?
Back
Tax is a mandatory financial charge imposed by the government on individuals and businesses to fund public services.
4.
FLASHCARD QUESTION
Front
How do you calculate tax?
Back
To calculate tax, multiply the total amount of the bill by the tax rate (expressed as a decimal). For example, for a 6% tax on a $16.78 bill, calculate 16.78 * 0.06.
5.
FLASHCARD QUESTION
Front
What is the total amount to pay after including tip and tax?
Back
The total amount is calculated by adding the original bill, the tip, and the tax together.
6.
FLASHCARD QUESTION
Front
If a meal costs $50 and the tip is 15%, what is the tip amount?
Back
The tip amount is $50 * 0.15 = $7.50.
7.
FLASHCARD QUESTION
Front
If a service costs $30 and the tax is 8%, what is the tax amount?
Back
The tax amount is $30 * 0.08 = $2.40.
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