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Consumer Math Vocab
Converting Percents to Decimals
Rounding Decimals to Pennies
What's the Tip or Total Amount with Tip?
What's the Tax or Total Amount?
100
What is a gratuity?
An amount of money given to a server for good service for a meal or other services; a tip
100
15%
.15
100
.15042
.15
100
The total at Seafood Palace is $50.00 and you want to leave a 10% tip. How much is the tip?
$5
100
You spend $100 at the Chicken Wing Palace. Tax is 6.35%. What is the amount of tax?
$6.35
200
What is a discount?
An amount of money a seller takes off the price of an item for a "sale"
200
5%
.05
200
.5478
.55
200
You go to The Big Easy and spend $60. You want to leave a 20% tip. How much is the tip?
$12
200
You spend $50 at the Chessecake Factory. Tax is 6.35%. What is your tax rounded to the nearest penny?
$3.18
300
What is a commission?
An amount of money a salesperson makes off a sale- usually 5%, 10% or 15%
300
20%
.20
300
.8965
.90
300
You go to the Shrimp Palace and spend $80 and want to leave a 15% tip. What is the tip?
$12
300
You buy lumber at Home Depot for $75.25. Sales tax is 6.35%. What is your tax rounded to the nearest penny?
$4.78
400
What is a sale price?
A new price after a discount is determined by the seller
400
25%
.25
400
.995
1.00
400
You go to the Pizza Palace and spend $45.00 and you leave 20% tip what is the total with the tip included?
$54
400
You eat at the Broccoli Palace and spend $101.99. Tax is 6.35% What is the cost of your meal plus tax included?
$108.47
500
What is a subtotal?
The sum of all items before tax or tip is calculated into the total
500
6.35%
.0635
500
1.019999
1.02
500
You spend $63.50 at the String Cheese Palace and want to leave a 15% tip. What is your total including your tip?
$73.03
500
You eat at the ShoeLeather Cowboy Rodeo BullMeat Palace and spend $212.83 (gratuity included). Tax is 6.35%. What is your total price including tax?
$226.34