finding the amount of a markup\nuse the sliders to adjust the original cost and markup to find the selling…

finding the amount of a markup\nuse the sliders to adjust the original cost and markup to find the selling price.\nselling price calculation\noriginal cost $50.00\nmarkup $0.00\nselling price $50.00\n$10 $20 $30 $40 $50 $60 $70 $80 $90\ncost: $50 markup: 0%\njack and marcis restaurant bill was $50. they usually leave an 18% gratuity, but because they received exceptional service, they decided to leave a larger tip instead. slide the bar on the interactive tool to increase the amount of the tip.\nwhat percent of the bill would an $11 tip be?\nwhat percent of the bill would a $12.50 tip be?

finding the amount of a markup\nuse the sliders to adjust the original cost and markup to find the selling price.\nselling price calculation\noriginal cost $50.00\nmarkup $0.00\nselling price $50.00\n$10 $20 $30 $40 $50 $60 $70 $80 $90\ncost: $50 markup: 0%\njack and marcis restaurant bill was $50. they usually leave an 18% gratuity, but because they received exceptional service, they decided to leave a larger tip instead. slide the bar on the interactive tool to increase the amount of the tip.\nwhat percent of the bill would an $11 tip be?\nwhat percent of the bill would a $12.50 tip be?

Answer

Explanation:

Step1: Recall percentage - tip formula

The formula to find the percentage of a tip is $\text{Percentage}=\frac{\text{Tip amount}}{\text{Bill amount}}\times100%$.

Step2: Calculate percentage for $11 tip

Given bill amount = $50 and tip amount = $11. Substitute into the formula: $\frac{11}{50}\times100%=\frac{11\times100}{50}% = 22%$.

Step3: Calculate percentage for $12.50 tip

Given bill amount = $50 and tip amount = $12.50. Substitute into the formula: $\frac{12.50}{50}\times100%=\frac{12.50\times100}{50}%=25%$.

Answer:

For an $11 tip, the percentage of the bill is 22%. For a $12.50 tip, the percentage of the bill is 25%.