Tip Calculator
The Formula
The formula for calculating the tip amount is:
\[Tip Amount = Bill Amount \times \frac{Tip Percentage}{100}\]
Where:
- Tip Amount: The amount of gratuity to be added to the bill
- Bill Amount: The total cost of the meal or service before the tip
- Tip Percentage: The desired percentage of the bill to be given as a tip
Calculation Steps
- Identify the bill amount and desired tip percentage
- Convert the tip percentage to a decimal by dividing by 100
- Multiply the bill amount by the decimal tip percentage
- The result is the tip amount
- Add the tip amount to the original bill to get the total bill
Example Calculation
Let's calculate the tip for a $50 bill with a 15% tip:
\[Tip Amount = $50 \times \frac{15}{100} = $7.50\]
\[Total Bill = $50 + $7.50 = $57.50\]
Visual Representation
This visual shows a $50 bill with a 15% tip, resulting in a $7.50 gratuity.