Consumer Applications - Tips, Taxes, Discounts

Consumer Applications - Tips, Taxes, Discounts

Assessment

Flashcard

Mathematics

8th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is a tip?

Back

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

2.

FLASHCARD QUESTION

Front

How do you calculate a tip?

Back

To calculate a tip, multiply the total bill by the tip percentage (expressed as a decimal). For example, for a 15% tip on a $30 bill: $30 x 0.15 = $4.50.

3.

FLASHCARD QUESTION

Front

What is the total bill if a $30 meal has a 15% tip?

Back

$34.50 (Total Bill = Meal Cost + Tip = $30 + $4.50).

4.

FLASHCARD QUESTION

Front

What does '69% off' mean?

Back

'69% off' means that the price is reduced by 69% of the original price.

5.

FLASHCARD QUESTION

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100. For example, 82% becomes 0.82.

6.

FLASHCARD QUESTION

Front

What is the formula to find the sale price after a discount?

Back

Sale Price = Original Price - (Original Price x Discount Percentage).

7.

FLASHCARD QUESTION

Front

If a jacket costs $50.41 and is on sale for 69% off, what is the sale price?

Back

$15.63 (Sale Price = $50.41 - ($50.41 x 0.69)).

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