Question

Find the total cost with tip.

Markup (tip $) = percent markup (tip %) x original cost ($)

Total cost = original cost + tip


Mr. Smith goes out to eat for his birthday. The total bill is $122.50. If Mr. Smith leaves a 20% tip, what is the tip amount? What is the total cost of the meal with tip included?

The tip is: $_________

The total cost of the meal is: $_________

Answer 1

$147

Explanation:

so to find 20% I usually divide the original cost by 100 to get 1% then multiply that number by 20.

in this case 122.50/100= 1.225, 1.225x20 = 24.5

24.5 + 122.50 = 147