Tax, Tipping and Discount

Flashcard
•
Mathematics
•
8th Grade
•
Hard
Wayground Content
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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 regular price of a product or service, often expressed as a percentage.
2.
FLASHCARD QUESTION
Front
How do you calculate the sale price after a discount?
Back
Sale Price = Original Price - (Original Price × Discount Percentage)
3.
FLASHCARD QUESTION
Front
If a bicycle costs $175 and is discounted by 25%, what is the sale price?
Back
$131.25
4.
FLASHCARD QUESTION
Front
What is sales tax?
Back
Sales tax is a percentage added to the sale price of goods and services, collected by the seller and paid to the government.
5.
FLASHCARD QUESTION
Front
How do you calculate sales tax?
Back
Sales Tax = Sale Price × Sales Tax Rate
6.
FLASHCARD QUESTION
Front
If a sweatshirt costs $55 and is on sale for 25% off, what is the sale price?
Back
$41.25
7.
FLASHCARD QUESTION
Front
What is the formula to find the total cost including sales tax?
Back
Total Cost = Sale Price + Sales Tax
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