# Bell Work: Tax and Tip! Your bill is \$35.50. What is your total after you leave a 20% tip and pay 5% tax? Method 2 Multiply the price by 125% since.

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Bell Work: Tax and Tip! Your bill is \$ What is your total after you leave a 20% tip and pay 5% tax? Method 2 Multiply the price by 125% since that is what you ARE paying. \$35.50 x 125% = total cost \$35.50 x 1.25 = \$44.38 Method 1 \$35.50 x 20% = \$7.10 (tip) \$35.50 x 5% = \$1.78 (tax) \$ \$ \$1.78 = \$44.38 So, the total cost was \$44.38.

Discounts TAKE OUT A CALCULATOR

Discount \$31.25 toy discounted 33%

Calculating a Discount
Discount is calculated by multiplying the retail price of an item by the discount percentage. METHOD 1 Example: Shoes \$50 Tax Rate 25% Discount \$50 x 0.25 = \$12.50 Total after discount \$50 – \$12.50 = \$37.50

Calculating a Discount
Discount is calculated by multiplying the retail price of an item by percent that you will pay. METHOD 2 Example: Shoes \$50 Tax Rate 25% Subtract 25% from 100% since that’s what you are paying. Find 75% of \$50. = \$37.50 Find total \$50 x 75% Multiply \$50 x .75 Both methods give you the same answer!

Discount A shirt that was \$25 is on sale for 20% off. What is the sale price? Method 2 Multiply the price by 80% since that is what you ARE paying. \$25 x 80% = total cost \$25 x .8 = \$20.00 Method 1 Subtract the discount from the price: \$25 x 20% = discount \$25 x .2 = \$5.00 discount \$25 - \$5 = \$20.00 So, the total cost was \$20.00.

You Try! A radio that was \$120 is on sale for 15% off. What is the sale price? Method 2 Multiply the price by 85% since that is what you ARE paying. \$120 x 85% = total cost \$120 x .85 = \$102.00 Method 1 Subtract the discount from the price: \$120 x 15% = discount \$120 x .15 = \$18.00 discount \$120 - \$18 = \$102.00 So, the total cost was \$

Practice: Discount worksheet

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