Taxes, tips, discounts, commission,
And mark ups
talk about math! (taxes, tips, discounts, and more!)
tips: not helpful tips like never eat yellow snow. This is helpful to waiters though! Tips are an extra % of a bill such as 5% 10% 15% and so on.
Discounts: a discounts is a % of money taken away from the original price
Commission: a commission is $ made off of a something % of a number.
Markups: a markup is selling something additional to make a profit.
Examples for: tips, taxes, discounts
How I found my tax: 6.75% x the price and round
Tips: you go out to eat at a restrant. The price of your food that you ate was $13.00 (in clouding tax). You leave a 15% tip plus tax. the tip was $1.95.
How you find the tip: you take 0.15 and times it by the number.
Discounts: you go to a store and you see there is a 20% discount on shoes. The pair of shoes you like is $50.00. The discount would be $40.00.
How to find the discount: you take your discount and you find the price. In this case the discount is 20% you times your price and discount (50x20=1000/100=10) you then subtract the price ($50) by the number you just got (50-10=$40) and you get the discount price!