Percent Review (Money, Tax, Tip, Discounts)

Tax is extra money paid when purchasing an item, that extra money goes towards the ______________.

• Store Owner

• Customer

• Government

• None of the Above

___________ is money paid to somebody for completing a service, like a waitress or a barber.

• Tax

• Tip

• Markup

• None of the Above

Gratuity means the same thing as ____________.

• Tax

• Tip

• Markup

• None of the Above

Tax, tip, gratuity & markup all ____________ the cost of an item.

• Increase

• Decrease

• None of the above

A sale, discount, or markdown all ___________ the cost of an item.

• Increase

• Decrease

• None of the above

Determine the TOTAL on a restaurant bill for $58.65 with a 15% tip. Use any method.

• $67.44

• $67.45

• $8.79

• $8.80

• None of the above

What would the TAX cost on $205.60 worth of groceries with a 6% sales tax?

• $12.34

• $12.33

• $217.94

• $217.93

• None of the above

A new table at a furniture store is 25% off. What is the NEW COST if the original price is $425. Use any method.

• $400

• $531.25

• $106.25

• $318.75

• None of the above

What is the TOTAL PERCENT on a restaurant bill that includes a 9.75% tax & a 22% tip?

• 109.75%

• 122%

• 87.75%

• 131.75%

• None of the above

What is the TOTAL PERCENT for an item that has been marked down by 55%?

• 155%

• 55%

• 45%

• None of the above