Sales Tax, Discount, Commission, Gratuity & Simple Interest

Front

Sales tax is __________ to the price.

Back

added

Tags

CCSS.6.RP.A.3B

Front

If an item costs $100 and has a sales tax of 5%, what is the total cost?

Back

$105

Tags

CCSS.6.RP.A.3C

Front

What is a discount?

Back

A reduction in the price of an item.

Tags

CCSS.6.RP.A.3C

Front

If a jacket originally costs $80 and is on sale for 25% off, how much do you pay?

Back

$60

Tags

CCSS.6.RP.A.3C

Front

What is commission?

Back

A fee paid to an employee based on the sales they make.

Tags

CCSS.7.EE.B.3

Front

If you sell a car for $20,000 and earn a 3% commission, how much do you earn?

Back

$600

Tags

CCSS.6.RP.A.3C

Front

What is gratuity?

Back

A sum of money given to someone for their services, often in the form of a tip.

Front

If you receive a $50 bill for services and give a 15% gratuity, how much do you give as a tip?

Back

$7.50

Tags

CCSS.6.RP.A.3C

Front

What is simple interest?

Back

Interest calculated on the principal amount only.

Tags

CCSS.7.RP.A.3

Front

If you deposit $1,000 at a simple interest rate of 5% for 2 years, how much interest do you earn?

Back

$100

Tags

CCSS.7.RP.A.3