The Mathematical Money System
Definition for the money system
Tip-money given extra to a waitress or pizza delivery guy for doing good with their job.
Discount-gives you money off of something you pay.
Mark ups-Selling for an additional amount to make a profit.
Commission-money made off of something.
Word problems for taxes discounts tips commision
He paid 15$ which is 20% of 76$
A store pays 64$ for an oil panting. The store marks up the price by 50% what is the amount of the mark up?
The mark up is 34$.
Austin bought a skateboard online. It cost 16$ plus 20% shipping and handling. What was the total cost?
The total cost was 19.20$
We ate pizza for lunch. If the pizzas cost 10$ what would the tip be.
The pizza cost 10.68$ including tip.