Tax and Tip (ADVANCED)

Tax and Tip (ADVANCED)

Assessment

Flashcard

Mathematics

7th Grade

Hard

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14 questions

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1.

FLASHCARD QUESTION

Front

What is a tip?

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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