Tax
Tip
Discount
Markup
Vocabulary
100

The 6% state income tax on a $72,000 salary 

$4320

100

The 20% tip on a $75.31 meal

$15.06

100

The price paid for an $85 calculator after a 20% discount is applied

$68

100

The 5.5% markup on a $100 chair

$5.50

100

An (optional) sum of money in addition to the basic price for a service 

What is tip?

200

The 5.5% state income tax on a $55,000 salary

$3025

200

The 20% tip on a $10 hamburger

$2

200

The price paid for $90 jeans after a 45% discount is applied

$49.50

200

The 5% markup on a $1200 TV

$60

200

An increase for profit for a store to make money on an item

What is markup?

300

The 7% sales tax on a $15,000 car

$1050

300

The 20% tip on a $230.11 meal

$46.02

300

The price paid for a $15 sweater after a 20% discount is applied

$12

300

The 20% markup on a $5 milkshake

$1

300

A decrease in the original price of the item

What is a discount?

400

The price paid for a $50 fan with an 8% sales tax

$54

400

The total cost of an $85.73 meal with a 20% tip

$102.88

400

The price paid for a $6 pen after a 40% discount is applied

$3.60

400

The 20% markup on a $111 bike

$22.20

400

A tax levied on the retail price of merchandise and collected by the retailer

What is sales tax?

500

The total cost of an $800 computer with a 6% sales tax

$848

500

The total cost of a $70.42 meal after a 20% tip

$84.50

500

The price paid for $40 jeans after a 30% discount is applied

$28

500

The selling price for a $50 shirt after a 40% markup

$70

500

The price you pay after the discount

What is sale price?

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