11.1: Leaving a Tip
Which of these expressions represent a 15% tip on a \$20 meal? Which represent the total bill?
$15 \boldcdot 20$
$20 + 0.15 \boldcdot 20$
$1.15 \boldcdot 20$
$\frac{15}{100} \boldcdot 20$
Let’s learn about more situations that involve percentages.
Which of these expressions represent a 15% tip on a \$20 meal? Which represent the total bill?
$15 \boldcdot 20$
$20 + 0.15 \boldcdot 20$
$1.15 \boldcdot 20$
$\frac{15}{100} \boldcdot 20$
A car dealership pays a wholesale price of \$12,000 to purchase a vehicle.
The car dealership wants to make a 32% profit.
Cars Copyright Owner: Pexels License: Public Domain Via: Pixabay
During a special sales event, the dealership offers a 10% discount off of the retail price. After the discount, how much will a customer pay for this vehicle?
This car dealership pays the salesperson a bonus for selling the car equal to 6.5% of the sale price. How much commission did the salesperson lose when they decided to offer a 10% discount on the price of the car?
For each gym membership sold, the gym keeps \$42 and the employee who sold it gets \$8. What is the commission the employee earned as a percentage of the total cost of the gym membership?
If an employee sells a family pass for \$135, what is the amount of the commission they get to keep?
Your teacher will give you a set of cards. Take turns with your partner matching a situation with a descriptor. For each match, explain your reasoning to your partner. If you disagree, work to reach an agreement.
There are many everyday situations where a percentage of an amount of money is added to or subtracted from that amount, in order to be paid to some other person or organization:
goes to | how it works | |
---|---|---|
sales tax | the government | added to the price of the item |
gratuity (tip) | the server | added to the cost of the meal |
interest | the lender (or account holder) | added to the balance of the loan, credit card, or bank account |
markup | the seller | added to the price of an item so the seller can make a profit |
markdown (discount) | the customer | subtracted from the price of an item to encourage the customer to buy it |
commission | the salesperson | subtracted from the payment that is collected |
For example,