Calculating with Percents
Patrick Ambrose
Taxes and Etc.
I am calculating with tips,taxes,and discounts
Taxes
Taxes are the extra money you pay for something.i bought a $25 meal at Golden Corral and the tax was 5.45% so the tax on my meal was $1.61 so my meal was $26.61
Discounts
Discounts are the percent of a number you get off of a product .At my favorite store walmart there was a 30% discount on clothes so I bought a shirt for $20 so when I added the discount my shirt was only $6
Tips
Tips are bonus money for doing a good job or etc.At a restraunt a waiter was tipped 30% of $20 so the waiter got $6
Mark ups and commission
Mark ups
Markups are when you buy a product and sell it for a bigger price .I bought a $30 fishing pole and sold it online for 30% more than what is was worth so in all it was worth $39
Commission
At a car dealer ship a customer bought a Honda for $13,000 and the dealer got the money and kept 30% of that money so he got $4,330