Discounts, Markups, Tax, Tip

Front

What is a discount?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the percent increase?

Back

Percent increase is calculated by taking the difference between the new value and the original value, dividing by the original value, and then multiplying by 100.

Tags

CCSS.6.RP.A.3C

Front

What is a markup?

Back

A markup is an increase in the price of a product or service, usually expressed as a percentage of the cost.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate sales tax?

Back

Sales tax is calculated by multiplying the purchase price by the sales tax rate (expressed as a decimal).

Tags

CCSS.6.RP.A.3B

Front

What is a tip?

Back

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

Tags

CCSS.6.RP.A.3C

Front

If a sweater costs $37.50 and is on sale for 20% off, how much is the discount?

Back

The discount is $7.50.

Tags

CCSS.6.RP.A.3C

Front

If a jacket originally costs $88 and is on sale for 50% off, what is the sale price?

Back

The sale price is $44.

Tags

CCSS.6.RP.A.3C

Front

How do you find the total cost including tax and shipping?

Back

Add the sales tax to the original price, then add any additional charges like shipping.

Tags

CCSS.6.RP.A.3D

Front

What is the formula for calculating commission?

Back

Commission is calculated by multiplying the total sales by the commission rate (expressed as a decimal).

Tags

CCSS.7.RP.A.3

Front

If Kayla's sales total $3,740 and her commission rate is 12%, how much does she earn?

Back

Kayla earns $449.

Tags

CCSS.6.RP.A.3C