The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Prev Previous Post   Next Post Next
Old 22 August 2014, 12:43 PM   #1
Runnin' Rebel
"TRF" Member
 
Runnin' Rebel's Avatar
 
Join Date: Jan 2010
Real Name: Mark
Location: 🤔
Posts: 8,424
Icon5 Help with a Math Formula

Here it is:

cash gratuity breakdown on a 1000k dinner check

1000.00 gross revenue
- 81.00 sales tax (8.1%)
___________
919.00 net revenue
x 23 % gratuity
___________
211.37 total gratuity


919.00 x 5% = 45.95 Resturant gratuity, (they take this for themselves out of the after tax net).

919.00 x 18%= 165.42- Server gets 86% of this, RESTURANT gets 14% as shown below
________________
23%= 211.37 total gratuity

165.42 x 86% = 142.26 food server gratuity
165.42 x 14% = 23.16 house gratuity
_________
165.42

Food Server total gratuity = 142.26
Resturant total gratuity (45.95+23.16)= 69.11
__________
211.37

I'm trying to do this on a calculator by deducting the tax, what the RESTURANT takes and what the final tip is for the food server in an easier way

There's a formula that is easier that can be done on a calculator in like 3 easy steps.

Total bill minus tax and what they siphon off from the food server gratuity and what she would get without going through all of the above.


Someone see if they can figure it out please
Thank you

If you could use an a few different totals that would help. Like the check is 2345.54 etc..
__________________
Runnin' Rebel is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.