Tax, Tip, Discount Proportions

Tax, Tip, Discount Proportions

Assessment

Flashcard

Mathematics

7th - 8th Grade

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

What is a discount?

Back

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

2.

FLASHCARD QUESTION

Front

How do you calculate the final price after a discount?

Back

Final Price = Original Price - (Original Price x Discount Rate)

3.

FLASHCARD QUESTION

Front

What is sales tax?

Back

Sales tax is a percentage of the sale price of goods and services that is collected by the seller and paid to the government.

4.

FLASHCARD QUESTION

Front

How do you calculate sales tax?

Back

Sales Tax = Sale Price x Sales Tax Rate

5.

FLASHCARD QUESTION

Front

What is a tip?

Back

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

6.

FLASHCARD QUESTION

Front

How do you calculate a tip?

Back

Tip = Total Bill x Tip Rate

7.

FLASHCARD QUESTION

Front

If a pair of boots costs $190 and has a 10% discount, what is the discount amount?

Back

Discount Amount = $190 x 0.10 = $19

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