Discounts
$40 shirt, 25% off
$30
$60 purchase, 8% tax
$64.80
$50 meal, 20% tip
$60
$80 jacket, 30% off, then 8% tax
$60.48
What does “percent” mean?
Out of 100
$100 item, 15% off
$85
$75 purchase, 6% tax
$79.50
$30 meal, 18% tip
$35.40
$120 item, 20% off, then 10% off
$86.40
What is a discount?
A decrease in price
$200 item, 40% off
$120
$50 item, 10% tax
$55
$45 meal, 15% tip
$51.75
$45 meal, 10% discount, then 15% tip
$46.58
What is tax?
An extra amount added to a purchase
$90 item, 25% off
$67.50
$90 item, 10% tax
$99
$80 meal, 25% tip
$100
$90 item, 25% off, then 10% tax
$74.25
What is a tip?
Money added for service. Also known as "gratuity"
$120 item, 20% off
$96
$120 item, 8% tax
$129.60
$60 meal, 20% tip
$72
$60 meal, 20% tip, then 8% tax
$77.76
What is the amount of change in a percent increase or decrease called?
The percent change