Tax,Tip, and Discount
Simple Interest
Equations
Compare simple interest
100

Evans bill came to $25. He left a 10% tip.

How much tip did Evan leave?

He left a $2.50 tip

100

What is the amount of simple interest with a principal amount of $200.00 a rate of 10%, over a period of 4 years? Use reference sheet.

what is $80?

100

solve for x 

        4x + 2 = 20

x = 5

200

A doll's original price was $33. The store offered a 40% discount.

What is the price of the doll after the discount?

What is $19.80

200

Bonnie deposits $70.00 into a new savings account.

• The account earns 4.5% simple interest per year.

• No money is added or removed from the savings account for 3 years.

How much interest does she earn after 3 years?

What is $9.45?

200

-5x - 10 = 50 

x = -12

300

Narjs went out to out. She was pleased with the service that she left a 50% tip. 

If her bill was $28. How much did she pay altogether including the tip?

what is $42?

300

Madison deposits $70.00 into a new savings account.

• The account earns 4.5% simple interest per year.

• No money is added or removed from the savings account for 3 years.

What is the total amount of money in her account after 3 years?

what is $79.45?

300

6x + 16 = 2x + 28

x = 4

300

Lehana and Marty each opened a savings account with a deposit of $100.

• Lehana earned 2.5% simple interest per year.

• Marty earned 2% simple interest per year.

• Neither of them made additional deposits or withdrawals. How much more did Lehana receive in interest than Marty after three years?

What is $1.50

400

Jeremy is going to buy four hats that cost a total of $78. 

Then, the store will apply a 8 % tax to the total cost of all four hats. 

What will be the total cost of the purchase, including sales tax?

Jeremy will pay $84.24

400

Seania deposited $555 into a savings account. 

Her rate is 3.5% every year.

What is her interest after a decade has passed?

What is $94.25

400

2x + 20 = x + 60

x=40

400

Del-shaun and J’siah opened up a savings account with a deposit of $100

  • Del-shaun receives 3.2% simple interest each year 

  • J’siah receives 2.9% simple interest each year 

  • Their accounts receive no withdrawals or deposits 

How much more did J’siah receive in interest than Del-shaun in 5 years?

$1.50

500

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Ky wants to buy two shirts, which were originally priced $19.98 each. 

The store will discount the price of the second shirt. What is the total cost of the shirts before tax?

what is $29.97?

500

Jeremy deposits $1000 into a savings account.

His rate is 2.7% every year.


What is the total amount of money in his account after a decade?

$1270

500

 Evan and Mozlifa invested in Tesla with an initial deposit of $1000

  • Evan receives 2.5% in simple interest per year

  • Mozlifa receives 4.5% in simple interest per year


How much more did Mozlifa make in interest than Evan after 5 years?

What is $100?