Percents
Matayia Taylor
Taxes,Tips and Mark Ups
They are the final addition to the bill.
Commission
A amount of money people make off of a sale.
Discounts
Deduction of cost.
Example for Taxes and Tips
Me and my grandma went to Bob Evans Restaurant and we both ordered pancakes,bacon,and orange juice. The cost of our meal was $12.68. The tax on our meal was $0.85. Our bill at the minute was $13.53. But we also left the waiter a 20% tip which was $2.70 so our bill was a total of $16.23.
Example for Discounts
My mom went to Walmart and got a 25% discount on a iPod touch. The iPod touch cost $120 before the discount and after the discount it cost $90.
Example for Commission and Mark Ups
My grandma went to Nissan to buy a car. The car she wanted was $24,000. But it was originally $20,000 the car salesman said they raised the price because they stopped making that car. The car salesman also said 5% of that was commission. Commission was $1200 out of the $24,000.