What is a tip?
Consumer Applications - Tips, Taxes, Discounts

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•
Mathematics
•
8th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
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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