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 businesses to fund public services and infrastructure.

Tags

CCSS.RI.6.5

CCSS.RI.7.3

CCSS.RI.7.5

CCSS.RI.8.3

CCSS.RI.8.5

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, typically calculated as a percentage of the total bill.

Tags

CCSS.RI.6.3

CCSS.RI.7.3

CCSS.RI.7.5

CCSS.RI.8.3

CCSS.RI.8.5

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.

Tags

CCSS.6.RP.A.3C

Front

How do you convert a decimal to a percent?

Back

To convert a decimal to a percent, multiply the decimal by 100 and add a percent sign (%). For example, 0.4 becomes 40%.

Front

How do you convert a percent to a decimal?

Back

To convert a percent to a decimal, divide the percent by 100. For example, 25% becomes 0.25.

Front

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

Back

The sale price is $40. (Calculation: $50 - ($50 * 0.20) = $40)

Tags

CCSS.6.RP.A.3C

Front

If a meal costs $30 and you want to leave a 15% tip, how much is the tip?

Back

The tip is $4.50. (Calculation: $30 * 0.15 = $4.50)

Tags

CCSS.6.RP.A.3C

Front

What does it mean to add a tip to a bill?

Back

Adding a tip to a bill means increasing the total amount owed by a certain percentage to reward the service provided.

Tags

CCSS.6.RP.A.3C

Front

What does it mean to subtract a discount from a price?

Back

Subtracting a discount from a price means reducing the original price by a certain percentage, resulting in a lower sale price.

Tags

CCSS.6.RP.A.3C

Front

If a pair of shoes originally costs $80 and is on sale for 25% off, what is the discount amount?

Back

The discount amount is $20. (Calculation: $80 * 0.25 = $20)

Tags

CCSS.6.RP.A.3C