Tax, tip, discount

Front

What is a tax?

Back

A tax is a mandatory financial charge or levy imposed by a government on individuals or entities to fund public services and infrastructure.

Front

How do you calculate sales tax?

Back

To calculate sales tax, multiply the cost of the item by the sales tax rate (as a decimal).

Front

What is a tip?

Back

A tip is a sum of money given to service workers in addition to the basic price of a service, typically expressed as a percentage of the total bill.

Front

How do you calculate a tip?

Back

To calculate a tip, multiply the total bill by the tip percentage (as a decimal).

Front

What is a discount?

Back

A discount is a reduction in the price of a product or service, often expressed as a percentage of the original price.

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100.

Front

What is 6% of $42?

Back

$2.52

Front

What is 18% of $75.45?

Back

$13.58

Front

What is 6.5% of $899?

Back

$58.44

Front

If an item costs $50 and has a 20% discount, what is the sale price?

Back

The sale price is $40.