Practice on: Mark-ups, Tax, and Tips

Front

Sales tax is __________ to the price

Back

added

Front

How much tip should you leave if you want to tip 23% at Applebee's on a $27.31 bill?

Back

$6.28

Front

Ralph buys a computer for $675. The sales tax rate is 6%. How much did Ralph pay for the computer?

Back

$715.50

Front

A notebook is on sale for $1.50 with a 20% mark up. What is the amount of the mark up?

Back

$0.30

Front

Kimberly's family has a dinner bill of $26 and wants to leave a 15% tip for their server. How much tip are they leaving?

Back

$3.90

Front

What is the formula to calculate sales tax?

Back

Sales Tax = Price × Tax Rate

Front

If a shirt costs $40 and the sales tax is 8%, what is the total cost?

Back

$43.20

Front

What does 'mark-up' mean in pricing?

Back

Mark-up is the amount added to the cost price of goods to cover overhead and profit.

Front

If a meal costs $50 and you want to leave a 20% tip, how much is the tip?

Back

$10.00

Front

What is the total cost of a $200 item with a 5% sales tax?

Back

$210.00