Taxes, Tips, Discounts, Mark ups, & Commision
Mt tax story starts at Hollister. Tax is when you add a percent of the price to your bill.
I bought a hoodie from Hollister which cost $25.75. The tax was 6.75% of the price, which is $1.74.
The tax would be $1.74, so you'd add it to the original price $25.75. The total cost is $27.49.
Let's say you were at Olive Garden and you get your bill back. You pay $32 for the meal. You have to give the waitress a tip, so you decide 15% of your bill goes to her. 15% of $32 is $4.80, so you'd end up paying $36.80.
For example, let's say that you go for a sale at districtlines.com/tyleroakley. A sweater costs $39.99 and the discount is 20%. 20% of $39.99 is $7.99. So, you subtract $7.99 from $39.99 and get $32. So the sweater costs $32.