Asked by Tatyana Clarke on Sep 23, 2024

A customer gave a taxi driver $24 for a ride that cost $18. Determine the tip rate. Round your answer to the nearest integer.

A) 33%
B) 75%
C) 6%
D) 36%
E) 25%

Tip Rate

The tip rate is the percentage of the total bill amount given as extra money (tip) for services, typically in the hospitality industry.

  • Derive figures for markup, markdown, discount, and unit pricing in contexts pertinent to financial literacy.