tips
Layaway Logic
Installment Insights
100

You eat at a restaurant and your bill is $20. If you leave a 15% tip, how much is the tip?

$3.00

100

A $120 coat is on layaway. You pay $30 down. How much do you still owe?

90

100

You buy a $120 phone on a 4-month installment plan. How much do you pay each month if there’s no interest?

30 PER MONTH

200

Your haircut costs $25. You want to leave an 18% tip. What’s the total you pay?

$25 + $4.50 = $29.50

200

A $200 bicycle is on layaway. You pay $50 now and then 3 equal payments. How much is each payment?

50

200

A $600 appliance is paid in 6 equal installments with 10% interest added. What is the total cost?

$600 + $60 = $660 total

300

A taxi fare costs $46. You tip 12%. What’s the total cost?

$46 + $5.52 = $51.52

300

A $360 TV is on layaway. You pay $60 down, and the store adds a $15 layaway fee. How much do you owe in total?

315


300

A $900 laptop has a $100 down payment and 5 equal monthly payments. What is each payment (no interest)?

($900 − $100) ÷ 5 = $160

400

If your dinner costs $42 and you leave a 20% tip, but you split the bill and tip evenly with one friend, how much does each person pay?

$42 × 1.20 ÷ 2 = $25.20 each

400

A $240 sofa is on layaway with a $40 deposit. You’ll make 4 equal payments. How much is each payment?

50

400

You finance a $1,200 TV for 12 months with 8% interest. What is your monthly payment?

 $1,200 × 1.08 ÷ 12 = $108/month

500

Your family’s restaurant bill is $67.50. You tip 18%, but you only have $80. How much cash will you have left after paying?

Tip = $12.15, Total = $79.65, Left = $0.35

500

A store charges a 10% layaway fee. You put a $180 item on layaway and pay $30 down. How much remains including the fee?

168


500

You buy furniture for $1,800 with 12 monthly payments of $165 each. What is the total finance charge?

$165 × 12 = $1,980; $1,980 − $1,800 = $180 finance charge

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