Tax, tip, discount vocabulary

Front

Sales tax is __________ to the price.

Back

added

Front

When finding the cost of a meal, if there is a gratuity you know the tip has already been ______ to the bill.

Back

added

Front

Discount is ____________ from the price.

Back

subtracted

Front

Do you add or subtract a tip from your total bill?

Back

add

Front

When an item is on sale, you have to __________ the amount of the discount to the original item amount.

Back

Subtract

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, usually added to the bill.

Front

What does it mean to apply a discount?

Back

To apply a discount means to reduce the original price of an item.

Front

How do you calculate the total cost after tax?

Back

To calculate the total cost after tax, add the sales tax to the original price.

Front

What is the formula for calculating a discount?

Back

Discount = Original Price x Discount Rate.

Front

If a meal costs $50 and the tip is 15%, how much is the tip?

Back

Tip = $50 x 0.15 = $7.50.