Front

What is a discount?

Back

A discount is a reduction in the original price of a product or service.

Front

How do you calculate the sale price after a discount?

Back

Sale Price = Original Price - Discount Amount.

Front

What is sales tax?

Back

Sales tax is a percentage added to the original price of a product or service, collected by the seller.

Front

How do you calculate the total cost including sales tax?

Back

Total Cost = Original Price + (Original Price x Sales Tax Rate).

Front

What is a tip?

Back

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

Front

How do you calculate a tip?

Back

Tip Amount = Total Bill x Tip Percentage.

Front

If a shirt costs $24 and has a 15% sales tax, what is the total cost?

Back

Total Cost = $24 + ($24 x 0.15) = $27.60.

Front

If a dinner costs $113 and you want to leave a 19% tip, how much should you leave?

Back

Tip Amount = $113 x 0.19 = $21.47.

Front

What is the formula to find the total cost of an item including tax and tip?

Back

Total Cost = Original Price + (Original Price x Sales Tax Rate) + (Total Bill x Tip Percentage).

Front

If a pedicure costs $15 and the sales tax is 7.5%, what is the total cost before tip?

Back

Total Cost Before Tip = $15 + ($15 x 0.075) = $16.13.