Calculating with percents
Taxes, tips, discount, mark up, commission
Mark up
On Black Friday alot of people wanted to buy a flat screen tv, the original price was $60. Sense so many people wanted one they had to Mark up the price $20, the price is now $80.
Commission
I sold a car, the car costs $24,000. The commission was 10%. 10% of $24,000 is $2,400
Taxes and tips
Are the extra amount you pay
Discount
Is the money taken off your total
Mark up
Is the money added when to many people wanted the same item
Commission
Is the money you made