discounts, sales tax, tips discounts example: regular price = $10 discount = 20% step 1 change the...
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DISCOUNTS, SALES TAX, TIPSDISCOUNTSExample:
Regular Price = $10 Discount = 20%
Step 1 Change the percentage to a decimal
Step 2 Multiply the Regular Price by the discount that is now a decimal:
Discount:
Step 3 Subtract the discount from the regular price:
SALES TAX Example:
Regular Price $349Sales Tax: 5%
STEP 1 Find the sales tax by using the same methods as finding a discount.
Change percent to Decimal:
Multiply regular price by the sales tax as a decimal:
SALES TAX:STEP 2: Add the Sales tax to the Regular Price.
• *If the item is a NECESSITY (Food and Clothes) then there is no Sales Tax*
TIPPINGExample:
Price of the Bill: $42.00
Tip Percentage: 18%
Step 1 Find the TIP first using the same methods as finding a discount and sales tax.
• Change percent to decimal:
• Multiply decimal by the Price of the Bill:
TIP:
STEP 2: Add the tip to the Price of the Bill.
* The tip is normally a percentage of the pre-tax amount of the bill*
Purchase Price %Discount Discount Sale Price
$2 9% $ $
$12 30% $ $
$45 5% $ $
$50 59% $ $
$36 53% $ $
Purchase Price % Sales Tax Sales tax Price with sales Tax
$59 5% $ $
$79 6% $ $
$65 7.5% $ $