Tax, Tip, Discount, Commission

A reduction in the price of a product or service, often expressed as a percentage of the original price.

Final Price = Original Price - (Discount Percentage × Original Price)

A mandatory financial charge imposed by a government on individuals or businesses, usually calculated as a percentage of income or sales.

Sales Tax = Price of Item × Tax Rate

A small amount of money given to someone for their service, typically expressed as a percentage of the total bill.

Tip = Total Bill × Tip Percentage

A fee paid to an employee or agent for services rendered, usually calculated as a percentage of the sales made.

Commission = Total Sales × Commission Rate

0.032

$51