Tax, Tips, and Discounts

What is a tip?

• A tip is a small gratuity given to someone for their service, usually in the form of money.

• A type of food seasoning

• A type of dance move

• A type of hat worn in the summer

Tags

CCSS.RI.5.3

CCSS.RI.5.5

CCSS.RI.6.3

CCSS.RI.6.5

CCSS.RI.7.3

How is a tip calculated?

• A tip is calculated by multiplying the tax amount by 10%

• A tip is a fixed amount added to the bill

• A tip is calculated based on the number of people at the table

• A tip is calculated as a percentage of the total bill, usually ranging from 15-20%.

Tags

CCSS.6.RP.A.3C

How is sales tax calculated?

• Sales tax is calculated by subtracting the cost of the item from the sales tax rate

• Sales tax is calculated by adding a fixed amount to the cost of the item

• Sales tax is calculated by multiplying the cost of the item by the sales tax rate, which is usually a percentage set by the government.

• Sales tax is calculated by dividing the cost of the item by the sales tax rate

Tags

CCSS.6.RP.A.3B

What is a discount?

• A discount is an increase in the original price of a product or service.

• A discount is a type of currency used for purchasing products or services.

• A discount is a special promotion that only applies to new customers.

• A discount is a reduction in the original price of a product or service.

Tags

CCSS.6.RP.A.3C

If the tax rate is 8% and the purchase amount is $50, what is the sales tax?

• The sales tax is $4

• The sales tax is $20

• The sales tax is $10

• The sales tax is $2

Tags

CCSS.6.RP.A.3C

Andy bought an $85.00 jacket at 40% off. How much was his discount?

• $51.00

• $17.50

• $40

• $34.00

Tags

CCSS.6.RP.A.3C

Kim took her friends out to eat for Thanksgiving. Her bill was $256.18 and she wanted to leave a 15% tip. How much should the tip be?

• $38.43

• $15.00

• $212.48

• $34.00

Tags

CCSS.6.RP.A.3C

You are purchasing a T.V for $990 T.V with 9% sales tax. How much is the tax?

• $901.00

• $9.00

• $89.10

• $99.00

Tags

CCSS.6.RP.A.3C

A store is going out of business so they have everything discounted to 25% off. Your purchase comes out to $82. How much will you pay AFTER the discount?

Tags

CCSS.6.RP.A.3C