Lesson 7.4.11

Exercise 11.4 Match each descriptor with a situation. Gratuity (Tip) Kiran ate breakfast at a café. The total check was $5. He left at the table $5.75. Why did he pay $5.75? Markdown (Discount) Priya used a 10% off coupon to buy a game that normally cost $24.50. Why did she pay $22.05? Markup A car dealership paid $9,000 for a car. The sticker price for a customer to buy the car is $10,395. Why are they charging $10,395? Commission Diego's uncle sells computers. His wage is $590. In addition to his wages, he gets 20% of the amount he sells. Why did he earn an extra $600? Interest Andre is saving money for college. He had $1,500 in his account. At the end of the year, the bank adds 3% of the balance to his account. Why did his balance go from $1,500 to $1,545? Sales Tax Lin bought 1 pretzel from a snack cart which cost $4.50. Why did she pay $4.83?