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Mia hired a moving company. The company charged $500\$500 for its services, and Mia gives the movers a 16%16\% tip. How much does Mia tip the movers?

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Percents - calculate tax, tip, mark-up, and moreright chevron icon

Full solution

Q. Mia hired a moving company. The company charged $500\$500 for its services, and Mia gives the movers a 16%16\% tip. How much does Mia tip the movers?
  1. Identify Cost and Tip Percentage: Identify the total cost of the services and the percentage of the tip. Mia was charged $500\$500 for the moving services, and she wants to give a 16%16\% tip.
  2. Calculate Tip Amount: Calculate the tip amount by finding 16%16\% of $500\$500. To calculate the tip, we multiply the total cost by the tip percentage (expressed as a decimal). Tip = Total Cost ×\times Tip Percentage Tip = $500×0.16\$500 \times 0.16
  3. Perform Multiplication: Perform the multiplication to find the tip amount. Tip = $500×0.16=$80\$500 \times 0.16 = \$80

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