Tax, Tip, Discount Proportions
Flashcard
•
Mathematics
•
7th - 8th Grade
•
Hard
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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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