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Name Period Date Tax, Tip, and Discount Word Problems Solve each word problem using either method. 1. Your parents took your family out to dinner. Your parents wanted to give the waiter a 15% tip.

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1:36 10:22 Suggested clip Percent Word Problems - Sales Tax, Discount, & Finding ... - YouTubeYouTubeStart of suggested clipEnd of suggested clip Percent Word Problems - Sales Tax, Discount, & Finding ... - YouTube

The rate is usually given as a percent. To find the discount, multiply the rate by the original price. To find the sale price, subtract the discount from original price.

You can also convert the discounted percentage to a decimal and multiply that by the original price. To calculate a tax, you can convert the percentage to a decimal, then multiply it by the price. If you want to know the total cost, including the tax, you can multiply the original price by one plus the decimal.

You can also convert the discounted percentage to a decimal and multiply that by the original price. To calculate a tax, you can convert the percentage to a decimal, then multiply it by the price. If you want to know the total cost, including the tax, you can multiply the original price by one plus the decimal.

0:00 8:36 Suggested clip Calculating Sales Tax and Tip Word Problems - YouTubeYouTubeStart of suggested clipEnd of suggested clip Calculating Sales Tax and Tip Word Problems - YouTube

Multiply the sales tax or gratuity (percent) by the price (whole) to find the amount of money the sales tax or gratuity adds. To find the selling price, add the sales tax to the price.

Because discounts are generally offered directly by the retailer and reduce the amount of the sales price and the cash received by the retailer, the sales tax applies to the price after the discount is applied.

Multiply retail price by tax rate Let's say you're buying a $100 item with a sales tax of 5%. Your math would be simply: [cost of the item] x [percentage as a decimal] = [sales tax]. That's $100 x . 05 =$5.

Sale Price = original price (% of discount * original price) Sales Tax = Sales Tax rate * Sale Price. Sales Tax = 0.05 * $17.21 = $0.8605 = $0.86.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232